Argus Marine Fuels Forward Curves
Overview
Argus forward curves are built from unbiased and transparent industry-specific methodologies, producing market representative values that are free from distortion. This data and deep market insight support effective risk management to benefit your bottom line.
Key features
Daily assessments
Daily assessments for 27 globe marine fuels, providing a rolling 24 month view of monthly forward prices.
Regional bunker markets
Regional coverage across key markets for VLSFO, LSFO, HSFO, marine gasoil and VGO.
Time-stamped
Time-stamped using the appropriate market’s daily settlement time in Singapore, London and New York.
Robust methodology
Independent and transparent market-appropriate methodology.
Delivery options
Receive our forward curve data via data feed, third-party channel partners, our client portal or via email.
Customers that benefit
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Vessel owners
Vessel owners use our forward curves to determine fuel costs and commitments for the coming fiscal year and to make informed hedging decisions when securing fuel supply.
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Risk managers
Risk managers use our forward curves data for unbiased, third-party validation against counterparties, internal valuations, and for mark-to-market purposes for daily profit and loss assessments.
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Traders
Traders rely on our extensive historical analysis to determine locational and temporal spread relationships and use prior-day curves as a reference when entering the market.
Product specifications
- Gulf coast fuel oil 0.5%
- NY Harbor fuel oil 0.5%
- NY Harbor marine gasoil 0.5%
- NY Harbor residual fuel oil 1%
- Gulf coast residual fuel oil 3%
- Fuel oil 0.5% NWE
- VGO 0.5% NWE
- Marine gasoil 0.1% NWE
- Fuel oil high-sulphur cargo NWE
- Fuel oil low-sulphur NWE
- Fuel oil high-sulphur 380 cst Singapore swap
- Singapore high-sulphur 380 cst fuel oil bunker delivered
- Singapore low-sulphur fuel oil 0.5% bunker delivered
- Singapore marine gasoil 0.1% bunker delivered
- Fuel oil bunker 0.5%S 380 cst Zhoushan
- Fuel oil high-sulphur 380 cst Fujarirah
- European marine forward curves
- Asia marine forward curves
- US marine forward curves
- Excel format
- Excel add-in
- FTP – CSV file
- API – CSV file
- Argus Direct client portal
- Argus Date Science Studio
- Third party channel partners
The Argus Data Science Studio makes forward curves more powerful than ever before. Through our sophisticated algorithms, comprehensive data and robust methodologies, you can build and calculate your own curves, unique to your business.
Argus forward curves are a proven, reliable tool for analytical and risk-management processes, including:
• Mark-to-market (MTM) accounting
• Value-at-risk (VaR)
• Potential future exposure (PFE)
• Deal valuation
• Regression analysis
• Scenario analysis
• Valuing option premiums associated with forward crude contracts
Argus forward curves
We offer a full suite of forward curves across key energy and commodity markets. Support your investment and trading decisions with our powerful, independent market valuation tool.
Find out moreKey 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.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
US coking coal
Argus provides three fob Hampton Roads coking coal price assessments — low-volatile, high-volatile type A (HVA) and high-volatile type B (HVB).
Argus/Coalindo Indonesian Coal Index (ICI)
The five prices of the ICI coal price assessments are weekly assessments by Argus and Coalindo Energy for the main Indonesian thermal coal grades sold on a fob Indonesia basis.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus/McCloskey's API 2
The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.
Argus 8800 PRB
The Powder River basin is the largest coal-producing basin in the US and produces half of the coal used for US power generation. The coal is a cost-effective fuel choice for generators.
Argus Southeast Asia cfr standard MOP
The Southeast Asia cfr Standard MOP assessment is the region’s leading spot price reference.
Argus Middle East fob ammonia
Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.
Argus China fob prilled urea
The Argus China fob prilled urea assessment is a leading spot price reference for the urea sector. Argus publishes this assessment on both a weekly and daily basis, covering prilled urea shipped from a range of ports across China.
India DAP cfr
The Argus India DAP cfr price assessment is a leading spot price for the global phosphates market. India typically accounts for 30-50pc of global DAP trade every year. The price is pivotal to setting cfr levels in neighbouring Pakistan, as well as DAP fob levels out of China.
Argus Middle East sulphur fob
The Argus Middle East sulphur fob price assessment is a significant market reference point and Argus publishes the price on a weekly basis.
Argus China sulphur cfr full range
The Argus China sulphur cfr full range price assessment is a key global price and Argus publishes the assessment on a weekly basis.
Argus Brazil MAP cfr
The Argus Brazil MAP cfr price is a leading assessment for 11-52 prices west of Suez. Brazil is the world’s largest MAP importer by a considerable margin.
Argus seasonal NOx allowance
The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
US coking coal
Argus provides three fob Hampton Roads coking coal price assessments — low-volatile, high-volatile type A (HVA) and high-volatile type B (HVB).
Argus/Coalindo Indonesian Coal Index (ICI)
The five prices of the ICI coal price assessments are weekly assessments by Argus and Coalindo Energy for the main Indonesian thermal coal grades sold on a fob Indonesia basis.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus/McCloskey's API 2
The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.
Argus 8800 PRB
The Powder River basin is the largest coal-producing basin in the US and produces half of the coal used for US power generation. The coal is a cost-effective fuel choice for generators.
Argus Southeast Asia cfr standard MOP
The Southeast Asia cfr Standard MOP assessment is the region’s leading spot price reference.
Argus Middle East fob ammonia
Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.
Argus China fob prilled urea
The Argus China fob prilled urea assessment is a leading spot price reference for the urea sector. Argus publishes this assessment on both a weekly and daily basis, covering prilled urea shipped from a range of ports across China.
India DAP cfr
The Argus India DAP cfr price assessment is a leading spot price for the global phosphates market. India typically accounts for 30-50pc of global DAP trade every year. The price is pivotal to setting cfr levels in neighbouring Pakistan, as well as DAP fob levels out of China.
Argus Middle East sulphur fob
The Argus Middle East sulphur fob price assessment is a significant market reference point and Argus publishes the price on a weekly basis.
Argus China sulphur cfr full range
The Argus China sulphur cfr full range price assessment is a key global price and Argus publishes the assessment on a weekly basis.
Argus Brazil MAP cfr
The Argus Brazil MAP cfr price is a leading assessment for 11-52 prices west of Suez. Brazil is the world’s largest MAP importer by a considerable margin.
Argus seasonal NOx allowance
The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
US coking coal
Argus provides three fob Hampton Roads coking coal price assessments — low-volatile, high-volatile type A (HVA) and high-volatile type B (HVB).
Argus/Coalindo Indonesian Coal Index (ICI)
The five prices of the ICI coal price assessments are weekly assessments by Argus and Coalindo Energy for the main Indonesian thermal coal grades sold on a fob Indonesia basis.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus/McCloskey's API 2
The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.
Argus 8800 PRB
The Powder River basin is the largest coal-producing basin in the US and produces half of the coal used for US power generation. The coal is a cost-effective fuel choice for generators.
Argus Southeast Asia cfr standard MOP
The Southeast Asia cfr Standard MOP assessment is the region’s leading spot price reference.
Argus Middle East fob ammonia
Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.
Argus China fob prilled urea
The Argus China fob prilled urea assessment is a leading spot price reference for the urea sector. Argus publishes this assessment on both a weekly and daily basis, covering prilled urea shipped from a range of ports across China.
India DAP cfr
The Argus India DAP cfr price assessment is a leading spot price for the global phosphates market. India typically accounts for 30-50pc of global DAP trade every year. The price is pivotal to setting cfr levels in neighbouring Pakistan, as well as DAP fob levels out of China.
Argus Middle East sulphur fob
The Argus Middle East sulphur fob price assessment is a significant market reference point and Argus publishes the price on a weekly basis.
Argus China sulphur cfr full range
The Argus China sulphur cfr full range price assessment is a key global price and Argus publishes the assessment on a weekly basis.
Argus Brazil MAP cfr
The Argus Brazil MAP cfr price is a leading assessment for 11-52 prices west of Suez. Brazil is the world’s largest MAP importer by a considerable margin.
Argus seasonal NOx allowance
The Argus price assessments for US Cross-State Air Pollution Rule group 2 and group 3 ozone season NOx allowances provide an independent price benchmark for the US EPA’s programs to reduce emissions from power plants during the summer months.
Related documents
Methodology
Get the most up-to-date guide to the methodology used to ensure the prices published in the Argus Marine Fuels Forward Curves are free from distortion and representative of spot market values.
Forward curves primer
An introduction to forward curves – what are they, how are they produced and why do they matter.