Argus Base Oils USGC Group I and Group II fob prices
Overview
Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.
Structural increases in base oils production capacity prompted US producers to export more surplus supply to keep the domestic market balanced. This growing US export market requires robust price assessments that reflect accurately current market fundamentals.
Price assessment details
What are the advantages of the Argus base oils USGC Group I and Group II fob price assessment?
The Argus USGC Group I and Group II fob price assessments are dynamic and reflect rather than lag the market spot price. The assessments adhere to a robust base oils methodology that is applied in the same way in every market.
How is this assessment used?
These prices are used by producers, exporters and blenders buying and selling US base oils. More US base oil exports are referencing or indexing Argus US Group I and Group II assessments.
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Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
