Overview

Enrich and deepen your understanding of the crude market with Argus Americas Crude prices, differentials, news and analytics. With the Argus Americas Crude service, you will gain a reliable, crystal-clear snapshot of the crude market, deepen your understanding what is driving the numbers and be able to identify both obvious and subtle arbitrage opportunities.

 

Argus follows and reports the crude market as it trades. Our methods are adapted to reflect market practice and trading patterns, avoiding the pitfalls of a ‘one-size-fits-all’ approach. We actively collect and analyse market information, and fuse it for crude oil prices, differentials, news and analytics to remove knowledge gaps. Our daily crude market commentary and crude news offer valuable and timely insights, enabling you to grasp the underlying reasons behind price movements.

Key features

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Global benchmark prices

Argus WTI Midland and WTI Houston are the standard physical benchmark price assessments for US crude, based on the Nymex light sweet crude futures contract.

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Key regional pricing

Access the latest prices for WTI, midcontinent, US Gulf coast, US waterborne, US west coast, Canada, Mexico and South America.

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Historical data

View price histories for every key US crude grade, extending back to when each assessment was first published.

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Market-moving news

The latest news and market commentary will ensure you stay on top of price movements and events shaping the crude industry.

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Daily market reports

At the end of each trading day we publish a PDF report containing the latest prices, news and market commentary.

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Unrivalled methodology

We report the US pipeline market the way that it trades, rather than imposing a one-size-fits-all methodology.

Customers that benefit

The Argus Americas Crude service is essential for anyone exposed to crude oil pricing across the Americas. Below are examples of how some clients use this service:
  • Producers

    Track our assessments and use them in contracts as a reference in negotiations as well as for calculating official selling prices.

 

  • Traders 

    Identify arbitrage opportunities reassured by the knowledge that our assessments are impartial, robust and reliable for a wide range of US crude streams for domestic and internal trade.
  • Refiners

    Rely on our assessments when evaluating offers and use our refinery netback prices for a wide range of crude grades to identify opportunities to improve margins.

 

  • Analysts and risk managers

    Follow our market commentary, which explains the reasons behind price movements.

Key price assessments

Argus price methodologies reflect how markets trade. Argus assessments are based on the methodological principles of maximum liquidity, transparency and deep market engagement. Explore some of our most widely used and relevant price assessments in the crude sector.