The ARGUS Sour Crude Index™ (ASCI™) price assessment
The ASCI price assessment provides a daily price for medium sour crude at the US Gulf coast trading hub. Saudi Arabia, Kuwait and Iraq use the ASCI price assessment to price exports to the US. The ASCI price assessment is published in the daily Argus Crude market report. The price series is available electronically as part of the data files associated with the report.
Advantages of the ASCI price assessment
The ASCI price assessment is a flexible and accurate representation of the daily value of US Gulf coast medium sour crude. It has proved a useful tool for many companies buying and selling sour crude in the US Gulf coast region.
Users of the ASCI price assessment
The ASCI price assessment is useful for buyers and sellers of imported crude that need a representative price of US Gulf coast sour crude for use in long-term contracts. Saudi Arabia, Kuwait and Iraq all use the ASCI price assessment as the reference for their crude exports to the US.