Crude Argus Media

ARGUS European Crude Oil Forward Curves

The Argus European Crude Oil Forward Curves service is a powerful, independent market valuation tool to support investment and trading decisions in crude oil markets across Europe.

Participants in energy and related commodity markets need to see accurate forward prices from a source without distortion or bias. Our clients act with confidence because our forward curves are built from unbiased and transparent industry-specific methodologies that produce representative market values free from distortion. The Argus European Crude Oil Forward Curves service provides deep market insights and data to support precision in your risk management and cost decisions.

Markets covered

  • Futures: North Sea Brent; WTI Cushing
  • Mediterranean: Es Sider, Saharan Blend, Kirkuk
  • Mideast Gulf: Basrah Heavy, Basrah Medium, Dubai, Oman
  • North Sea: WTI Houston CIF Rotterdam, Brent, Forties, Ekofisk, Oseberg, Johan Sverdrup
  • North Sea Dated: BFOE
  • Russia-Caspian: Azeri Light, BTC Blend, CPC Blend, Urals Mediterranean 80,000t, Urals Primorsk
  • West Africa: Bonny Light, Dalia, Girassol, Hungo

Key features

  • Daily assessments for 25 crude grades, providing monthly, quarterly and yearly granularity of forward prices
  • Assessments reflect trade as of 4:30pm London time
  • Data extends four years ahead
  • Comprehensive swap differentials to Brent futures prices
  • Independent and transparent market-appropriate methodology
  • Choice of delivery options: Data feed, through our third-party partners or email

How clients use our data

We provide a proven, reliable tool for analytical and risk-management processes, including:

  • Independent evaluations
  • Mark-to-market (MTM) validation
  • Value-at-risk (VaR)
  • Potential future exposure (PFE)
  • Risk disaggregation
  • In-house forward positions validation

Customers that benefit

The Argus European Crude Oil Forward Curves service is essential for anyone with exposure to European crude oil. Below are examples of how some clients use this service:

  • Exploration and production companies use our curves services to determine commitments for the coming fiscal year.
  • Refineries use curves to inform hedging decisions when securing crude oil supplies.
  • Risk managers use our forward curves data for unbiased, third-party curve validation against counterparties, for internal valuations and mark-to-market purposes for daily profit and loss assessments.
  • Traders rely on our extensive historical analysis in determining locational and time spread relationships and use prior-day curves on a daily basis as a reference when entering the market the following morning.

Request more information

We would be happy to offer you more information about our paid services. Argus produces information and services for global markets, which requires Argus to share your personal information with Argus group companies and service providers that are based both within and outside of the European Economic Area (EEA). Argus Media may use the details submitted to send you information about related Argus products and services which may be of interest to your business. You can unsubscribe from these updates at any time. We manage your personal data in accordance with our privacy policy.

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