Argus Caspian Markets
Weekly crude and oil products price assessments, expert market analysis and industry news covering the Caspian region and Central Asia.
Overview
Argus Caspian Markets is a weekly price report covering crude oil and oil products markets across the Caspian region and Central Asia. It provides independent price assessments, export cost data, market analysis and industry news for Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan, Afghanistan, Azerbaijan and the South Caucasus.
At a glance
- Weekly crude and oil products price assessments.
- Coverage across Kazakhstan, Central Asia and the South Caucasus.
- Support commercial contracts with independent price assessments.
- Access export cost data and pipeline tariffs for key routes.
- Retail and wholesale fuel prices across multiple markets.
- Price history and statistics available from 2008.
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Key features
Crude and oil product prices
Weekly price assessments for key crude grades and oil products across Kazakhstan and the wider Caspian region, including the Alashankou Blend weekly assessment for exports to China.
Central Asian fuel prices
Motor fuel price assessments for Afghanistan, Tajikistan, Kyrgyzstan and Uzbekistan, plus results of exchange trading in Turkmenistan, updated weekly.
Kazakhstani market data
Wholesale and small-scale wholesale prices for oil products in Kazakhstan, crude processing costs, fuel stock levels at oil depots and domestic bitumen prices.
Export costs and tariffs
Transportation and associated costs for crude and product exports from the Caspian region, covering pipeline tariffs, freight rates and Turkish Straits delays.
Retail prices and import taxes
Retail motor fuel prices across Central Asian and Transcaucasian countries, with excise duties, customs rates and import tax data for multiple jurisdictions.
Statistics and price history
Regularly updated statistics and price history from 2008, including bunker fuel prices at Aktau and Baku ports and jet fuel prices at airports across the region.
How Argus assesses Caspian markets
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Physical market surveying
Reporters proactively poll producers, consumers and intermediaries to gather transaction and market data across the region. -
Multi-source data collection
Data is accepted by phone, email, instant messenger and electronic platform, from front and back offices of market participants. -
Transaction verification
Submitted transactions are verified for price, volume, specifications, location basis and counterparty prior to inclusion. -
Judgment-based assessment
Where transaction data is limited, Argus assesses value using bids, offers, spread trades and supply and demand information. -
Weekly snapshot pricing
Prices are published as weekly snapshots using the trading period most appropriate to capture regional market liquidity.
Who uses this service
Regulators
- Calculate customs duties on imported oil products using Argus price assessments.
- Access a reliable independent reference for compliance and enforcement decisions.
- Apply verified market prices in transfer pricing frameworks under Kazakhstani law.
State-owned and private energy companies
- Price export cargoes of crude, oil products, LPG and petrochemicals with confidence.
- Access the official pricing source for Kazakhstan's domestic crude and oil products market.
- Align commercial pricing decisions with independently assessed market values.
Traders and refiners
- Reference Argus price assessments in commercial contracts with oil producers.
- Track weekly price movements across crude and oil products markets in the region.
- Monitor export costs and pipeline tariffs to support trading decisions.
Marketers, consultants and auditing firms
- Prepare market reports and marketing research using verified price data.
- Support market forecasts with independently assessed, regularly updated prices.
- Access historical price data from 2008 to underpin trend analysis and valuations.
Frequently asked questions
Key price assessments
Argus Caspian Markets price assessments are recognised as trusted references for crude oil and oil product values across the Caspian region and Central Asia, supporting commercial contracts, regulatory compliance and market analysis.