The Argus west Africa Oil service brings clarity to previously opaque west African crude oil and refined products markets.

We provide daily prices for 26 west African crude grades and three types of refined products delivered to the region, alongside independent, timely news and analysis.

Argus has over 50 years of experience in oil market reporting. For this report, we have developed a robust methodology to shed light on the prices of crudes that rarely appear in the spot market, by cross-referring their refining values with those of similar, more transparently traded grades. The Argus West Africa Oil service is your vital tool for understanding these complex markets.

Key features


Daily crude pricing

Daily price assessments of 26 regionally produced west African crude oil grades.


Refined oil prices

Daily calculated delivered price markers in west Africa for gasoline, jet fuel and gasoil.


Market news

Independent, relevant news affecting the African energy markets every week.


Robust methodology

Robust, transparent methodology developed in partnership with the industry.


Key data

Downloadable price data at your fingertips for key crude grades and refined oil products.

Customers that benefit

The Argus West Africa Oil service brings clarity to the ever-changing crude and refined products markets in west Africa. Below are examples of how some clients use this service:
  • African national oil companies

    Can keep informed of regional developments in the crude and refined products markets.

  • Refiners

    Can track the price of various crude grades to make the best decisions about refinery input.
  • Product importers

    Benefit from a new comparison price against which to monitor their imports of gasoline, diesel and heating oil.