Argus Global Markets
Oil market analysis and fundamentals intelligence covering crude and refined product price trends across Europe, Asia and the Americas.
Overview
Argus Global Markets is a weekly market analysis service delivering independent, in-depth coverage of international oil markets. Each issue provides expert analysis of supply and demand, trade flows, inventories and price trends across crude and refined products, supported by fundamentals data, futures market coverage and a netback model for key refining centres.
At a glance
- Stay informed on global oil market trends and trajectories.
- Track crude and refined product price trends globally.
- In-depth supply-demand, inventory and trade flow analysis.
- Futures market coverage and netback margin analysis.
- Expert editorials on Opec+, sanctions and trade policy.
- Access instantly via Argus Direct®.
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Key features
Insightful editorials
A weekly opinion piece examines key oil market developments including Opec+ decisions, tariffs, sanctions and geopolitical shifts, providing clear context on events that move markets.
Fundamentals analysis
Timely, in-depth reports cover the drivers behind market movements, including supply-demand balances for Opec and non-Opec producers, the Atlantic basin, Asia-Pacific and the Middle East.
Futures market coverage
Weekly analysis of crude and refined product futures, including settlement prices, volumes, open interest and net long positions, supporting pre-trade analysis and risk assessment.
Global crude prices
A selection of spot prices for key crude grades across North Sea, FSU Eurasia?, Mediterranean, West Africa, Mideast Gulf, Asia-Pacific, Americas Seaborne and US Pipeline markets.
Argus Netback Model
Calculates netback margins for a range of crude grades at refineries in northwest Europe, the US Gulf coast and Singapore, enabling informed crude selection and procurement decisions.
Key fundamentals data
Covers refinery turnarounds, output, maintenance, supply-demand balances, loading schedules, US weekly stock data, crude marker differentials, freight rates and official price formulas.
Who uses this service
Traders
- Rely on weekly analysis to inform pre-trade decisions and identify opportunities across global oil markets.
- Use crude price data and netback margins to evaluate trade economics across key refining centres.
- Monitor supply-demand and trade flow analysis to anticipate market movements and manage exposure.
Analysts
- Access comprehensive fundamentals data to stay current on global oil market developments.
- Use supply-demand balances and inventory data to support market research and forecasting.
- Draw on expert editorials to contextualise price trends and geopolitical developments.
Financial institutions
- Use Argus data and analysis to value deals and construct well-informed financial products.
- Track crude and refined product price trends to support portfolio analysis and risk management.
- Access weekly market intelligence to align commodity exposure with current market conditions.
Frequently asked questions
Key price assessments
Argus Global Markets includes a selection of crude and refined product spot prices from key global trading hubs, covering major grades across Europe, Asia-Pacific and the Americas to support trading and market analysis decisions.