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Global benchmark prices
Global crude price assessments, along with daily differentials to regional benchmarks, including WTI Midland and WTI Houston, Urals, Argus Brent Sour, ESPO, Tupi and many more.
Unrivalled methodology
Argus Crude is underpinned by the most robust, transparent and credible methodology, developed with the industry to ensure our price assessments are a true reflection of how the markets trade.
Market-moving news
Access the latest market-moving news published by our expert team of on-the-ground market reporters to ensure you stay on top of the crude market as it evolves.
Bulletin board
The Argus Crude Oil Bulletin Board allows you to see deal and bid/offer information quickly, anytime, anywhere.
China daily report
Chinese market participants can now quickly evaluate the global crude market with this brief report - in Chinese language.
Daily market report
At the end of each trading day we publish a PDF report containing the latest prices, news and market commentary.
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Producers
Track our assessments and use them in contracts and as reference in negotiation as well as for calculation of official selling prices.
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Refiners
Rely on Argus assessments when evaluating offers and can also use our refinery netback prices for a wide range of crude grades to identify opportunities for better margins.
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Traders
Identify arbitrage opportunities and be assured that our assessments are impartial, robust and reliable for a wide range of US crude streams for domestic and internal trade.
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Analysts and risk managers
Follow our market commentary, which explains the reasons behind price movements.
- US: AGS, WTI Houston, WTI Midland, WTI Cushing, LLS, ASCI, Mars, Poseidon, Southern Green Canyon, Thunder Horse, Bonito, Bakken fob Beaumont/Nederland, WTI fob Houston, Alaskan North Slope, DJ Light, White Cliffs, Niobara
- Canada: Synthetic,WCS, AWB, CDB, Cold Lake, MSW, LSB, LLB and Condensate
- Latin America: Castilla Blend, Vasconia, Escalante, Medanito, Maya, Isthmus, Olmeca, Oriente, Napo and Buzios CFR Rotterdam
- North Sea: North Sea Dated, New North Sea Dated (including WTI), Argus Brent Sour, Brent, Forties, Oseberg, Ekofisk, Troll, Johan Sverdrup fob Mongstad, Grane, Statfjord cif Rotterdam, Statfjord fob platform, Gullfaks cif Rotterdam, Gullfaks fob platform and Flotta Gold
- Mediterranean: Saharan Blend, Es Sider, Zarzaitine, Kirkuk, Basrah Medium fob Iraq destined for the Med, Basrah Heavy fob Iraq destined for Med, Iran Light fob Sidi Kerir, Iran Heavy fob Sidi Kerir and Suez Blend
- Russia-Caspian: Urals fob Primorsk, Urals fob Ust-Luga, Urals fob Novorossiysk (80,000t and 140,000t), Siberian Light, Azeri Light, CPC Blend, BTC Blend and Kebco
- West Africa: Bonny Light, Doba, Girassol, Hungo, Agbami, Amenam, Bonga, Brass River, CJ Blend, EA Blend, Erha, Escravos, Forcados, Qua Iboe, Usan, Cabinda, Dalia, Kissanje, Nemba, Zafiro, Jubilee, Egina, Mostarda and Djeno
- Mideast Gulf: Dubai, Oman, Murban, Upper Zakum, Qatar Land, Qatar Marine, Al-Shaheen, Banoco Arab Medium, Arab Light, Arab Extra Light, Arab Heavy, Basrah Medium, Basrah Heavy, Umm Lulu and condensates DFC and LSC fob Qatar
- Asia-Pacific: Minas, Tapis, North West Shelf, ESPO Blend, Sokol, Sakhalin, Duri, Cinta, Widuri, Senipah, Attaka, Ardjuna, Belida, Bach Ho, Sutu Den, Kikeh, Labuan, Kutubu Light, Miri Light, Cossack, Enfield, Vincent, Pyrenees, Van Gogh and Sudanese grades Nile Blend and Dar Blend, as well as delivered Shandong crudes Lula, Djeno, ESPO Blend, Oman and Johan Sverdrup
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.
US physical trade month
In the US, the crude industry utilizes a physical trade month, that is not based on a typical calendar month nor the Nymex futures contract schedule.
Nymex roll
The commonly-used calculation to determine the physical price of crude at Cushing.
Argus WTI Midland
The Argus WTI Midland price is a volume-weighted average of spot trades. The oil price is a differential to Nymex light sweet crude futures settlement.
Argus WTI Houston
The light sweet crude oil price on the US Gulf coast is based on the Argus Houston WTI price, which is the most transparent WTI price indicator.
Argus WTI diff to CMA
The ideal adjustment factor to calculate the price of WTI at Cushing.
Argus Western Canadian Select
Argus Western Canadian Select examines Cold Lake and Western Canadian Select (WCS oil prices), the most active spots on the US Gulf Coast for heavy crude oil streams.
Argus Sour Crude Index™ (ASCI™)
The Argus Sour Crude Index™ reflects medium sour crude prices at the US Gulf Coast trading hub, mainly used by Saudi Arabia, Iraq, and Kuwait to price oil exports to the US.
Argus North Sea Dated
The Argus North Sea Dated assessment includes Brent oil prices and derivatives. In May 2023, Argus introduced WTI prices for Midland in the Brent basket and it has become a market standard.
Argus Mars
The Argus Mars is a key crude benchmark and reflects oil spot prices for the US Gulf medium sour crude blend arriving on the Mars pipeline.
Argus LLS
Argus LLS oil index reflects the light sweet crude prices for St. James's terminals in the US Gulf Coast.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
Argus des Shandong
Argus des Shandong reflects five oil spot markets in key regions for China oil imports.
Argus Brent Sour
An index based on the lowest priced of five fob traded North Sea grades — Johan Sverdrup, Grane, Flotta Gold, Brent and Forties.
Argus Bakken
The Bakken oil price represents light sweet crude produced in North Dakota and Montana. Bakken spot prices, key benchmarks such as Nymex WTI and Ice Brent and more.
Argus AGS
Argus AGS oil index examines the US Gulf Coast trade, seaborne and coastal refineries as well as the WTI Midland light sweet crude oil prices.
Argus TMX Fob Vancouver
Get a real view with Argus TMX market updates and comprehensive coverage
US physical trade month
In the US, the crude industry utilizes a physical trade month, that is not based on a typical calendar month nor the Nymex futures contract schedule.
Nymex roll
The commonly-used calculation to determine the physical price of crude at Cushing.
Argus WTI Midland
The Argus WTI Midland price is a volume-weighted average of spot trades. The oil price is a differential to Nymex light sweet crude futures settlement.
Argus WTI Houston
The light sweet crude oil price on the US Gulf coast is based on the Argus Houston WTI price, which is the most transparent WTI price indicator.
Argus WTI diff to CMA
The ideal adjustment factor to calculate the price of WTI at Cushing.
Argus Western Canadian Select
Argus Western Canadian Select examines Cold Lake and Western Canadian Select (WCS oil prices), the most active spots on the US Gulf Coast for heavy crude oil streams.
Argus Sour Crude Index™ (ASCI™)
The Argus Sour Crude Index™ reflects medium sour crude prices at the US Gulf Coast trading hub, mainly used by Saudi Arabia, Iraq, and Kuwait to price oil exports to the US.
Argus North Sea Dated
The Argus North Sea Dated assessment includes Brent oil prices and derivatives. In May 2023, Argus introduced WTI prices for Midland in the Brent basket and it has become a market standard.
Argus Mars
The Argus Mars is a key crude benchmark and reflects oil spot prices for the US Gulf medium sour crude blend arriving on the Mars pipeline.
Argus LLS
Argus LLS oil index reflects the light sweet crude prices for St. James's terminals in the US Gulf Coast.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
Argus des Shandong
Argus des Shandong reflects five oil spot markets in key regions for China oil imports.
Argus Brent Sour
An index based on the lowest priced of five fob traded North Sea grades — Johan Sverdrup, Grane, Flotta Gold, Brent and Forties.
Argus Bakken
The Bakken oil price represents light sweet crude produced in North Dakota and Montana. Bakken spot prices, key benchmarks such as Nymex WTI and Ice Brent and more.
Argus AGS
Argus AGS oil index examines the US Gulf Coast trade, seaborne and coastal refineries as well as the WTI Midland light sweet crude oil prices.
Argus TMX Fob Vancouver
Get a real view with Argus TMX market updates and comprehensive coverage
US physical trade month
In the US, the crude industry utilizes a physical trade month, that is not based on a typical calendar month nor the Nymex futures contract schedule.
Nymex roll
The commonly-used calculation to determine the physical price of crude at Cushing.
Argus WTI Midland
The Argus WTI Midland price is a volume-weighted average of spot trades. The oil price is a differential to Nymex light sweet crude futures settlement.
Argus WTI Houston
The light sweet crude oil price on the US Gulf coast is based on the Argus Houston WTI price, which is the most transparent WTI price indicator.
Argus WTI diff to CMA
The ideal adjustment factor to calculate the price of WTI at Cushing.
Argus Western Canadian Select
Argus Western Canadian Select examines Cold Lake and Western Canadian Select (WCS oil prices), the most active spots on the US Gulf Coast for heavy crude oil streams.
Argus Sour Crude Index™ (ASCI™)
The Argus Sour Crude Index™ reflects medium sour crude prices at the US Gulf Coast trading hub, mainly used by Saudi Arabia, Iraq, and Kuwait to price oil exports to the US.
Argus North Sea Dated
The Argus North Sea Dated assessment includes Brent oil prices and derivatives. In May 2023, Argus introduced WTI prices for Midland in the Brent basket and it has become a market standard.
Argus Mars
The Argus Mars is a key crude benchmark and reflects oil spot prices for the US Gulf medium sour crude blend arriving on the Mars pipeline.
Argus LLS
Argus LLS oil index reflects the light sweet crude prices for St. James's terminals in the US Gulf Coast.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
Argus des Shandong
Argus des Shandong reflects five oil spot markets in key regions for China oil imports.
Argus Brent Sour
An index based on the lowest priced of five fob traded North Sea grades — Johan Sverdrup, Grane, Flotta Gold, Brent and Forties.
Argus Bakken
The Bakken oil price represents light sweet crude produced in North Dakota and Montana. Bakken spot prices, key benchmarks such as Nymex WTI and Ice Brent and more.
