Argus Marine Fuels Forward Curves
Overview
Argus forward curves are built from unbiased and transparent industry-specific methodologies, producing market representative values that are free from distortion. This data and deep market insight support effective risk management to benefit your bottom line.
Key features
Daily assessments
Daily assessments for 27 global marine fuels, providing a rolling 24-month view of monthly forward prices.
Regional bunker markets
Regional coverage across key markets for VLSFO, LSFO, HSFO, marine gasoil and VGO.
Time-stamped
Time-stamped using the appropriate market’s daily settlement time in Singapore, London and New York.
Robust methodology
Independent and transparent market-appropriate methodology.
Delivery options
Receive our forward curve data via data feed, third-party channel partners, our client portal or via email.
Customers that benefit
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Vessel owners
Vessel owners use our forward curves to determine fuel costs and commitments for the coming fiscal year and to make informed hedging decisions when securing fuel supply.
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Risk managers
Risk managers use our forward curves data for unbiased, third-party validation against counterparties, internal valuations, and for mark-to-market purposes for daily profit and loss assessments.
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Traders
Traders rely on our extensive historical analysis to determine locational and temporal spread relationships and use prior-day curves as a reference when entering the market.
Product specifications
- Gulf coast fuel oil 0.5%
- NY Harbor fuel oil 0.5%
- NY Harbor marine gasoil 0.5%
- NY Harbor residual fuel oil 1%
- Gulf coast residual fuel oil 3%
- Fuel oil 0.5% NWE
- VGO 0.5% NWE
- Marine gasoil 0.1% NWE
- Fuel oil high-sulphur cargo NWE
- Fuel oil low-sulphur NWE
- Fuel oil high-sulphur 380 cst Singapore swap
- Singapore high-sulphur 380 cst fuel oil bunker delivered
- Singapore low-sulphur fuel oil 0.5% bunker delivered
- Singapore marine gasoil 0.1% bunker delivered
- Fuel oil bunker 0.5%S 380 cst Zhoushan
- Fuel oil high-sulphur 380 cst Fujarirah
- European marine forward curves
- Asia marine forward curves
- US marine forward curves
- Excel format
- Excel add-in
- FTP – CSV file
- API – CSV file
- Argus Direct client portal
- Argus Date Science Studio
- Third party channel partners
The Argus Data Science Studio makes forward curves more powerful than ever before. Through our sophisticated algorithms, comprehensive data and robust methodologies, you can build and calculate your own curves, unique to your business.
Argus forward curves are a proven, reliable tool for analytical and risk-management processes, including:
• Mark-to-market (MTM) accounting
• Value-at-risk (VaR)
• Potential future exposure (PFE)
• Deal valuation
• Regression analysis
• Scenario analysis
• Valuing option premiums associated with forward crude contracts
Argus forward curves
We offer a full suite of forward curves across key energy and commodity markets. Support your investment and trading decisions with our powerful, independent market valuation tool.
Find out moreKey price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
Argus Germany vDIP
Supplementary Price Assessments for the German Transport Sector
Argus SAF fob Singapore
Using real market transactions to accurately reflect supply and demand dynamics of this low carbon fuel.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus Germany inland HVO price assessments
Trusted price assessment for the value of HVO100 in the German transport sector
Argus USGC Group I and Group II fob
Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.
Argus Antimony
Antimony is a key raw material for technology and energy transition applications and its concentrated production in China introduces risks for countries in Europe and the US who rely entirely on imports.
Argus RME biodiesel
The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.
Argus European RED marine biodiesel indexes
Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA.
Gasoil diesel 50ppm fob offshore Lome STS cargo
The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.
Argus steel scrap cfr Taiwan
The LME Steel Scrap CFR Taiwan (Argus) is a cash settled futures contract based on the reported arithmetic monthly average of Argus’ Ferrous scrap HMS 1/2 (80:20) containerised CFR Taiwan price.
US physical trade month
In the US, the crude industry utilizes a physical trade month, that is not based on a typical calendar month nor the Nymex futures contract schedule.
US coking coal
Argus provides three fob Hampton Roads coking coal price assessments — low-volatile, high-volatile type A (HVA) and high-volatile type B (HVB).
Petroleum coke: Argus fob USGC high sulphur coke index
The Argus fob US Gulf 6.5pc sulphur 40 HGI petroleum coke index is the benchmark price reference for coke originating in the US Gulf and midcontinent and shipping to the seaborne market.
Nymex roll
The commonly-used calculation to determine the physical price of crude at Cushing.
Baltic wood pellet
The fob Baltic wood pellet price assessment is the price reference for wood pellets sold out of Baltic ports in the 90-day spot window. It is also known as Argus fob Riga.
Argus Germany vDIP
Supplementary Price Assessments for the German Transport Sector
Argus SAF fob Singapore
Using real market transactions to accurately reflect supply and demand dynamics of this low carbon fuel.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus Germany inland HVO price assessments
Trusted price assessment for the value of HVO100 in the German transport sector
Argus USGC Group I and Group II fob
Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.
Argus Antimony
Antimony is a key raw material for technology and energy transition applications and its concentrated production in China introduces risks for countries in Europe and the US who rely entirely on imports.
Argus RME biodiesel
The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.
Argus European RED marine biodiesel indexes
Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA.
Gasoil diesel 50ppm fob offshore Lome STS cargo
The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.
Argus steel scrap cfr Taiwan
The LME Steel Scrap CFR Taiwan (Argus) is a cash settled futures contract based on the reported arithmetic monthly average of Argus’ Ferrous scrap HMS 1/2 (80:20) containerised CFR Taiwan price.
US physical trade month
In the US, the crude industry utilizes a physical trade month, that is not based on a typical calendar month nor the Nymex futures contract schedule.
US coking coal
Argus provides three fob Hampton Roads coking coal price assessments — low-volatile, high-volatile type A (HVA) and high-volatile type B (HVB).
Petroleum coke: Argus fob USGC high sulphur coke index
The Argus fob US Gulf 6.5pc sulphur 40 HGI petroleum coke index is the benchmark price reference for coke originating in the US Gulf and midcontinent and shipping to the seaborne market.
Nymex roll
The commonly-used calculation to determine the physical price of crude at Cushing.
Baltic wood pellet
The fob Baltic wood pellet price assessment is the price reference for wood pellets sold out of Baltic ports in the 90-day spot window. It is also known as Argus fob Riga.
Argus Germany vDIP
Supplementary Price Assessments for the German Transport Sector
Argus SAF fob Singapore
Using real market transactions to accurately reflect supply and demand dynamics of this low carbon fuel.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus Germany inland HVO price assessments
Trusted price assessment for the value of HVO100 in the German transport sector
Argus USGC Group I and Group II fob
Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.
Argus Antimony
Antimony is a key raw material for technology and energy transition applications and its concentrated production in China introduces risks for countries in Europe and the US who rely entirely on imports.
Argus RME biodiesel
The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.
Argus European RED marine biodiesel indexes
Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA.
Gasoil diesel 50ppm fob offshore Lome STS cargo
The market’s first and only price assessment of low sulphur gasoil cargo for West Africa.
Argus steel scrap cfr Taiwan
The LME Steel Scrap CFR Taiwan (Argus) is a cash settled futures contract based on the reported arithmetic monthly average of Argus’ Ferrous scrap HMS 1/2 (80:20) containerised CFR Taiwan price.
US physical trade month
In the US, the crude industry utilizes a physical trade month, that is not based on a typical calendar month nor the Nymex futures contract schedule.
US coking coal
Argus provides three fob Hampton Roads coking coal price assessments — low-volatile, high-volatile type A (HVA) and high-volatile type B (HVB).
Petroleum coke: Argus fob USGC high sulphur coke index
The Argus fob US Gulf 6.5pc sulphur 40 HGI petroleum coke index is the benchmark price reference for coke originating in the US Gulf and midcontinent and shipping to the seaborne market.
Nymex roll
The commonly-used calculation to determine the physical price of crude at Cushing.
Baltic wood pellet
The fob Baltic wood pellet price assessment is the price reference for wood pellets sold out of Baltic ports in the 90-day spot window. It is also known as Argus fob Riga.
Related documents
Methodology
Get the most up-to-date guide to the methodology used to ensure the prices published in the Argus Marine Fuels Forward Curves are free from distortion and representative of spot market values.
Forward curves primer
An introduction to forward curves – what are they, how are they produced and why do they matter.
