Petróleo crudo
Descripción general
Los precios del petróleo crudo de Argus se han consolidado en los mercados mundiales desde 1979. Informamos sobre cada mercado de la manera en que opera, utilizando metodologías transparentes adecuadas al mercado. Nuestras evaluaciones del precio se han adoptado en una amplia gama de contratos comerciales, precios de venta oficiales, precios de transferencia interna, fórmulas fiscales y modelos económicos utilizados por los gobiernos y todos los aspectos de las industrias petroleras upstream, midstream y downstream.
Ahora que el crudo de EE. UU. tiene demanda a nivel mundial, la intersección entre los mercados de oleoductos y marítimos en la costa del Golfo de EE. UU. es fundamental para la fijación de precios del crudo global. Durante más de dos décadas, las evaluaciones de Argus WTI en Midland y Houston han sido los benchmark físicos estándar para el crudo estadounidense, así como los índices de liquidación para un mercado de derivados sólido.
Nuestra cobertura rica, profunda y de confiable de los mercados mundiales del petróleo crudo es inigualable. Para tomar decisiones empresariales informadas en los mercados actuales del petróleo, necesita Argus.
Últimas noticias sobre el petróleo crudo
Explore las ultimas noticias del mercado sobre la industria global del petróleo crudo.
US delays Mexico tariffs by a month
US delays Mexico tariffs by a month
Mexico City, 3 February (Argus) — The US has agreed to postpone the implementation of 25pc tariffs on Mexican goods for one month, "allowing Mexico time to demonstrate good results for the US people and our people" on key security concerns, President Claudia Sheinbaum said today. Under the agreement Mexico will immediately reinforce its border with the US with 10,000 national guard troops to prevent drug trafficking into the US, with a specific focus on fentanyl, Sheinbaum posted on social media platform X following a conversation with President Donald Trump. The US pledged to take stronger action to curb the flow of high-powered firearms into Mexico, she said. US president Donald Trump confirmed the tariff delay in a social media post, saying there would be negotiations in the coming weeks with Mexican officials and US secretary of state Marco Rubio, secretary of the treasury Scott Bessent and secretary of commerce Howard Lutnick. The tariffs were originally set to take effect on 4 February. By Antonio Gozain Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Opec+ JMMC sees no need to expedite return of output
Opec+ JMMC sees no need to expedite return of output
Dubai, 3 February (Argus) — A key panel of Opec+ ministers today effectively gave its backing to the group's output policy, which would not see any production returned to market until at least April. It has not, for now at least, heeded US President Donald Trump's call for the producer group to "bring down the cost of oil," something it could only do by raising output. Opec+ members are scheduled to start unwinding 2.2mn b/d of voluntary crude production cuts starting in April over an 18-month period — a decision taken in December. At the time the Opec secretariat said this was "to support market stability," an implicit nod to the uncertain demand picture and projections of a looming supply surplus in 2025. There appears little chance of this being expedited by Trump's call, which he made within days of taking office in January. The ministerial panel today made no mention of a change to policy. The JMMC statement following the meeting once again put a large emphasis on the importance of member conformity with production targets. It stressed the need for members that have exceeded their targets to fully deliver on their pledges to compensate for past overproduction. The JMMC's remit is limited to making recommendations on policy, with actual policy decisions made at full meetings of the Opec+ group. One important outcome of the panel today relates to the composition of the Opec+ secondary sources, which provide monthly estimates on member production levels. Consultancy Rystad Energy and the US' Energy Information Administration (EIA) were replaced by data analytics firms Kpler, OilX and ESAI, effective 1 February. The other secondary sources are Argus , consultancy Wood Mackenzie, S&P Global Platts, IHS Markit and Energy Intelligence. The next JMMC meeting is scheduled for 5 April. By Nader Itayim and Aydin Calik Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
LatAm output rise poses quandaries for exporters
LatAm output rise poses quandaries for exporters
Sao Paulo, 3 February (Argus) — Crude supply from Latin America is set to rise this year, raising questions about where the extra flows will go, given the multiple uncertainties that the markets are facing around tariffs, sanctions and maritime security. The big drivers of this additional supply will be Brazil, Guyana and Argentina, which are together expected to deliver an extra 400,000 b/d of mainly light and medium sweet crudes to world markets this year, according to the latest IEA projections. Brazil is expected to produce 220,000 b/d more crude this year as several new floating production storage and offloading vessels come on line. These include two at the Buzios complex that will add 405,000 b/d of capacity, and another at the Mero field adding 180,000 b/d — both fields produce middle distillate-rich medium sweet grades popular with buyers in Europe. Guyana, the most eye-catching oil development story of the past decade, produced just over 615,000 b/d last year, and output will increase again this year as the 250,000 b/d Yellowtail project ramps up. In Argentina, the oil sector is expected to benefit from the expansion of storage and loading facilities at the key port of Puerto Rosales, which will allow the docking of heavier Suezmax tankers and create scope for increased exports of light sweet Medanito from the Vaca Muerta shale formation. The big question for these producers is how and where they can market these exports, given the myriad uncertainties being caused by geopolitics. Tighter US sanctions on Russian exports are lifting premiums for non-sanctioned crude, boosting interest in recent weeks for Brazilian and Guyanese grades. But the White House's threatened trade tariffs on Canada and Mexico could also leave US refiners seeking replacements, while diverting Canadian and Mexican shipments elsewhere. Lower risks to shipping in the Red Sea could boost Mideast Gulf flows to Europe, increasing competition there, but this could open up sales opportunities in Asia-Pacific, as could tighter US sanctions restricting Iranian oil sales to China. The upshot of all this is that some of these Latin American grades are likely to find increased interest from existing and some new customers. Brazil, Guyana and Argentinian sweet crudes do not offer a like-for-like substitute for mainly heavy sour Mexican and Canadian grades — Colombia or Ecuador could provide a closer match. But they could hold some appeal as a short-haul option for US refiners needing to rethink their crude buying — Guyana and Argentina, for example, already export some oil to the US west coast. Going for Unity Gold There could also be interest from new markets in Asia and west Africa — India's BPCL bought its first cargo of Medanito in December, while Nigeria's huge new Dangote refinery could be another outlet. The refinery is likely to face competition for domestic Nigerian grades from the country's newly renovated Port Harcourt and Warri refineries, and this month closed a tender that included Brazilian and Guyanese options for the first time. Brazil and Guyana have already established robust exports to Europe — the region took two-thirds of Guyana's shipments last year — while Brazil is a big supplier to India and especially China. Guyana could also come into play as another "non-sanctioned" option for Chinese and Indian buyers scaling back Russian crude purchases because of US sanctions. China has not imported any Guyanese crude for several years, shiptracking data indicate, but India is starting to show interest, as indicated by state-owned IOC's tender earlier this month, which listed Guyana's Payara Gold, Unity Gold and Liza among the eligible grades. By Joao Scheller Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Trump's vow to unleash ‘liquid gold’ faces reality
Trump's vow to unleash ‘liquid gold’ faces reality
New York, 3 February (Argus) — President Donald Trump's quest to see higher US crude output as part of his "energy dominance" agenda is set to get off to a rocky start as shale firms get ready to unveil budgets that are likely to be flat or lower compared with 2024. Trump may be keen to encourage companies to ramp up production from already record levels, but separating the reality from the rhetoric suggests this may be a tall order. Promises to slash red tape, speed up permitting and open up more federal land to drilling — all of which were included in a barrage of executive orders issued in Trump's first week back in office — certainly feature high on the industry's wish list. But the general mood has shifted since Trump was last in the White House, and growth is no longer the main objective of operators. "Deregulation provides an option, not an obligation, to produce," is how consulting group ClearView Energy Partners managing director Kevin Book puts it. Given US crude output has increased to 13.5mn b/d from 11mn b/d at the start of former president Joe Biden's administration, it is hard to make the case that the previous government held back the sector to any serious degree. And a layer of ambiguity surrounds a target of boosting output by 3mn b/d of oil equivalent between now and the end of Trump's second term, as cited in Treasury secretary Scott Bessent's "3-3-3" economic strategy. There is also an inherent contradiction in Trump's call to bring down oil prices at the same time, hardly an incentive for companies to go flat-out in terms of drilling even if they wanted to. Energy firms recently surveyed by the Federal Reserve Bank of Kansas City said an oil price of $84/bl would be needed before a substantial increase in drilling could occur. The US benchmark currently trades at around $73/bl. For the most part, shareholders want the focus in company boardrooms to be about returns above all else, translating into a relentless focus on cutting costs and raising dividends and share buy-backs. "Supply growth is not being restrained, for the most part, by government," says Clay Seigle, senior fellow at think-tank CSIS. "It's being restrained by Wall Street. It's being restrained by the capital markets that have different objectives for their investments." Now is not the time to be growing into an oversupplied market, warned Occidental chief executive Vicki Hollub at the World Economic Forum (WEF) in Davos, Switzerland, last week. "We are still in an oversupplied market," she added. "We have got to let some of the spare capacity get worked off. At that point, we can look at growing our production again meaningfully." Biden permitting Moreover, the length of time it takes to secure permits has not been a major obstacle in the past few years, according to Rystad Energy. The fourth quarter saw the third-highest number of permits issued on land with federal mineral rights, with output reaching a record high, the consultancy says. All in all, there is likely to be little appetite to get production growth going again in the near term, especially as the top Permian basin gets even more crowded in light of a recent wave of consolidation, and attention turns to prolonging the life span of existing inventory as the best acreage gets used up. The quality of newly acquired inventory is declining, averaging a $50/bl breakeven price in 2024, up from $45/bl in 2022-23, according to consultancy Enverus. "We're in a return of capital phase that doesn't leave a lot of room for the sort of heady days of the ‘shale gale'" almost a decade ago, Book says. And so shale executives may be best advised to keep their heads down to avoid provoking Trump for as long as Wall Street calls the shots. By Stephen Cunningham Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Spotlight content
Browse the latest thought leadership produced by our global team of experts.
Explore our crude oil products
Precios clave
Los precios de Argus son reconocidos por el mercado como indicadores confiables y fidedignos del valor real del mercado. Explore nuestras evaluaciones de precios más utilizadas y relevantes.