Argus US Crack Spread Forward Curves service is an independent market valuation tool to support investment and trading decisions in North American oil markets. The service provides daily differential forward prices between key refined oil products and various crude grades.

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.

Key features


Daily assessments

Daily assessments for 45 crack spread markets, providing a rolling 24 month view of monthly forward prices.


Key differentials

Price differences between crude oil and refined product markets across North America.



Time-stamped at 6 p.m. CPT time, in alignment with Argus’ physical settlement price assessments.


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

Argus US Crack Spread Forward Curves service is essential for anyone with exposure to North American oil markets. 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 refined oil supplies and to analyse margins at their facilities.




  • Risk managers

    Use our forward curves data for unbiased, third-party curve validation against counterparties, internal valuations, and for mark-to-market purposes for daily profit and loss assessments.


  • Traders

    Rely on our extensive historical analysis to determine locational and temporal spread relationships and use prior day curves on a daily basis as a reference when entering the market the following morning.




Key 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.