Crude oil

Crude oil

Crude oil

Argus crude oil pricing has been entrenched in the world’s global markets since 1979. Our methodologically appropriate and transparent prices have been adopted in a wide range of commercial contracts, official selling prices, internal transfer pricing, tax formulas and economic modelling used by governments and all aspects of upstream, midstream and downstream markets.


Our key crude prices, including WTI Houston, WTI Midland, LLS and Mars are used extensively as the settlement basis for exchange-traded derivatives.

Our key prices

Argus prices are used extensively by energy companies, governments, banks, regulators and other organisations as benchmarks for derivatives and as indexes in physical contracts. Our key prices are used as reference prices in physical supply and derivative contracts, for mark-to-market purposes, as an indication of value for tax assessment, for risk management and for strategic analysis and planning. Learn more about individual key prices for:

  • Crude oil
  • Oil products
  • Natural gas/LNG
  • LPG/NGL
  • Coal
  • Emissions

 

Find out more

Explaining WTI Houston: Where pipeline crude meets the water

ARGUS Crude

With nearly 50 years of history in crude oil market reporting and a robust methodology that reflects real trading behaviour, the Argus Crude service is your vital daily tool for independent market clarity.

ARGUS Global Markets

The Argus Global Markets service draws on Argus’ daily oil price reporting expertise to feature intelligent, independent coverage on derivatives, arbitrage, market fundamentals and world trading.

See a listing of our crude oil market services

We are dedicated to covering crude oil markets around the world, and our services will help you find the prices and news you need to track the industry. We have offerings in English and Russian, while our deep understanding of downstream markets enables us to put crude oil into context within the larger energy landscape. We invite you to explore our services and see which one may best fit your business.

Frequently downloaded crude oil methodologies

Related market: Natural gas/LNG

Argus is your irreplaceable source of price information, news, expert analysis and fundamentals data for international natural gas and LNG markets. Whether you need access to key prices and indexes, expert commentary or market data to aid your business planning, we give you the information you need and the expert view to understand it.

Related market: Oil products

Argus services cover the full range of refined oil products from around the world using our reflective and transparent market-appropriate methodologies. From key refined prices in Europe to the emerging fuel markets in Mexico, we have the industry-specific insights to provide high-level analysis and pricing that our customers can rely on.
Platform Argus Media

Argus delivery methods

We deliver pricing information to clients in the way they want to use it. Learn more about our Argus Direct, Argus Metals, Argus Spot Ticker and Argus Analytics platforms and other delivery methods that integrate seamlessly with clients’ systems and processes, making data instantly accessible and useful.

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