Argus West Africa Oil
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.
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.
Independent, relevant news affecting the African energy markets every week.
Robust, transparent methodology developed in partnership with the industry.
Downloadable price data at your fingertips for key crude grades and refined oil products.
Customers that benefit
African national oil companiesCan keep informed of regional developments in the crude and refined products markets.
RefinersCan track the price of various crude grades to make the best decisions about refinery input.
Product importersBenefit from a new comparison price against which to monitor their imports of gasoline, diesel and heating oil.