Overview

Argus Refined Products Outlook helps organisations operate with greater clarity in a highly volatile products market by providing trusted intelligence when market conditions move quickly. It delivers a transparent, 24‑month price forecast across the five key refined product markets: gasoline, naphtha, gasoil/diesel, jet fuel and fuel oil — covering the world’s major refining hubs, including northwest Europe, the Mediterranean, Asia-Pacific and the US Gulf coast to provide a structured, fundamentals‑based view of evolving pricing and balances.

The service brings together analysis, data and market updates in a single integrated solution. It combines concise monthly reports, online Argus Workspaces and direct access to fundamentals data, giving users visibility into the underlying factors that shape market direction. Each update highlights the key drivers behind regional price movements, offering a clear view of shifting market dynamics. 

Mid‑month updates add timely context around emerging developments, supporting faster, evidence‑based decisions across trading, planning and refining.

By unifying forward‑looking analysis with quick access to essential market information when you need it, Argus Refined Products Outlook enables more confident, informed decision-making.

Key features

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Price forecasts

Crack spread forecasts for gasoline, naphtha, gasoil/diesel, jet fuel and fuel oil across the major global refining hubs.

Market drivers

Analysis of key factors that shape the refined products market outlook in the next 1-2 months, or the next 3-6 months across the major refining hubs.

Workspaces

Online dashboards bring together forecasts, data and the latest news split by product groups: light distillates, middle distillates and fuel oil.

Downloadable datasets

Access to underlying fundamentals data improves understanding of forecast drivers and supports internal modelling and scenario analysis.

Monthly report

Concise, visual presentations highlight key market drivers and price movements using charts and maps, delivering insights without lengthy narratives.

Trusted market expertise

Customers can engage with the global team of consultants and analysts behind this service, when help is needed to apply the insights to their business.

Customers that benefit

Argus Refined Products Outlook is designed for anyone who needs forecast prices for refined products or a clear, forward‑looking view of the market. Below are examples of how some clients — across all types of businesses including integrated energy, national oil companies, refineries and financial organisations — use this service.

  • Traders

    gain clear near-term market direction, refinery updates and supply-side insights that help them spot arbitrage opportunities, manage downside risk and distinguish between structural shifts and short-term volatility, and optimise blending strategies and time trades more effectively. Mid-month updates keep them ahead of fast-moving developments so they can react faster and with confidence.

  • Analysts

    gain a trusted external viewpoint that enhances internal models and strategic planning. Comprehensive global and regional forecasts, fundamentals‑based analysis and clear insights into margins and supply/demand trends enable more accurate and defensible outlooks.

  • Operations teams

    benefit from visibility into near‑term market conditions, including refinery maintenance trends, capacity changes and supply disruptions. This helps to optimise run rates and product yields, plan maintenance more effectively and anticipate periods of market tightness or oversupply in key products.
  • Business development teams

    rely on the service to identify growth opportunities, plan investments and test scenarios. Clear fundamentals, margin outlooks and regional supply/demand trends help quantify risk and benchmark assumptions, while a second trusted viewpoint improves the quality of investment cases.



  • Sales and marketing teams

    get a concise view of market direction to anticipate customer needs, communicate trends confidently and sharpen commercial positioning. Visual slides and mid‑month updates simplify complex trends, helping teams craft relevant messaging and prepare targeted offers based on shifting product demand.

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.