Crude: ARGUS WTI Midland price assessment

Crude: ARGUS WTI Midland price assessment

The ARGUS WTI Midland price assessment

The Argus WTI Midland price assessment has become the clearing market that determines the price of WTI delivered to the Texas Gulf coast refining complex. Changing pipeline flows now move growing Permian basin production direct from west Texas to Houston, and those supplies are priced first in west Texas against the Argus WTI Midland price assessment.


Advantages of the ARGUS WTI Midland price assessment

The volume of spot physical trade backing the Argus WTI Midland price assessment volume-weighted average now rivals that of the Cushing WTI market traded at a differential to CMA. Derivatives trading activity settled against the Argus WTI Midland price assessment continues to grow through a swap listed on CME. The Argus WTI Midland price assessment represents WTI at the inland Texas pipeline and storage hub of Midland.


Users of the ARGUS WTI Midland price assessment

The Argus WTI Midland price assessment is useful for buyers or sellers of US Gulf coast crude and represents one of the key crude streams in the region. The Argus WTI Midland price assessment is used by producers, transportation and logistics teams, traders, refiners and others who need liquid intermediate crude indexation in west Texas.

Download guide: Argus WTI prices along the value chain

Crude jacks

Request more information

We would be happy to offer you more information. 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). We will treat your information with respect and will only use it in accordance with our Privacy Policy. Please take a moment to complete the requirement below.

Required
Please enter your first name
The length cannot exceed 300 characters.
Please enter your last name
The length cannot exceed 300 characters.
Please enter your email
Please fill in a valid email address