Argus Marine Fuels Forward Curves
Overview
Argus forward curves are built from unbiased and transparent industry-specific methodologies, producing market representative values that are free from distortion. This data and deep market insight support effective risk management to benefit your bottom line.
Key features
Daily assessments
Daily assessments for 27 globe marine fuels, providing a rolling 24 month view of monthly forward prices.
Regional bunker markets
Regional coverage across key markets for VLSFO, LSFO, HSFO, marine gasoil and VGO.
Time-stamped
Time-stamped using the appropriate market’s daily settlement time in Singapore, London and New York.
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
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Vessel owners
Vessel owners use our forward curves to determine fuel costs and commitments for the coming fiscal year and to make informed hedging decisions when securing fuel supply.
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Risk managers
Risk managers use our forward curves data for unbiased, third-party validation against counterparties, internal valuations, and for mark-to-market purposes for daily profit and loss assessments.
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Traders
Traders rely on our extensive historical analysis to determine locational and temporal spread relationships and use prior-day curves as a reference when entering the market.
Product specifications
- Gulf coast fuel oil 0.5%
- NY Harbor fuel oil 0.5%
- NY Harbor marine gasoil 0.5%
- NY Harbor residual fuel oil 1%
- Gulf coast residual fuel oil 3%
- Fuel oil 0.5% NWE
- VGO 0.5% NWE
- Marine gasoil 0.1% NWE
- Fuel oil high-sulphur cargo NWE
- Fuel oil low-sulphur NWE
- Fuel oil high-sulphur 380 cst Singapore swap
- Singapore high-sulphur 380 cst fuel oil bunker delivered
- Singapore low-sulphur fuel oil 0.5% bunker delivered
- Singapore marine gasoil 0.1% bunker delivered
- Fuel oil bunker 0.5%S 380 cst Zhoushan
- Fuel oil high-sulphur 380 cst Fujarirah
- European marine forward curves
- Asia marine forward curves
- US marine forward curves
- Excel format
- Excel add-in
- FTP – CSV file
- API – CSV file
- Argus Direct client portal
- Argus Date Science Studio
- Third party channel partners
The Argus Data Science Studio makes forward curves more powerful than ever before. Through our sophisticated algorithms, comprehensive data and robust methodologies, you can build and calculate your own curves, unique to your business.
Argus forward curves are a proven, reliable tool for analytical and risk-management processes, including:
• Mark-to-market (MTM) accounting
• Value-at-risk (VaR)
• Potential future exposure (PFE)
• Deal valuation
• Regression analysis
• Scenario analysis
• Valuing option premiums associated with forward crude contracts
Argus forward curves
We offer a full suite of forward curves across key energy and commodity markets. Support your investment and trading decisions with our powerful, independent market valuation tool.
Find out moreKey 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.
Baltic wood pellet
The fob Baltic wood pellet price assessment is the price reference for wood pellets sold out of Baltic ports in the 90-day spot window. It is also known as Argus fob Riga.
Argus palm kernel shells (PKS)
Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.
Argus fob Vietnam wood pellet
The Argus fob Vietnam wood pellet spot index is a leading price reference for industrial wood pellets loading at specified key ports in Vietnam, with a 90-day window.
Argus German diesel 10 ppm fob АРА
Котировка Argus German diesel с содержанием серы 10 ppm fob АРА
Argus European inland LNG
Argus publishes prices for LNG for use in transport and other small-scale applications at four key German locations. Our prices bring transparency for both buyers and sellers operating in this market.
Argus Northeast Asia des (ANEA™)
The Argus Northeast Asia des (ANEA™) LNG price is a daily physical spot price assessment for LNG cargoes delivered ex-ship (des) to ports in Japan, South Korea, Taiwan and China. The assessment is of prices for deliveries across four half-month windows that start 2-5 half months forward from the date of assessment.
Argus Austria VTP
Argus assesses the price of contracts trading on Austria’s Virtual Trading Point (VTP). Our gas price assessments are trusted and used by a wide range of customers throughout Europe as benchmarks in supply contracts, risk management processes, and downstream and infrastructure pricing.
Argus Point d’Echange de Gaz (Peg)
Argus assesses the price of contracts trading on France’s Point d’Echange de Gaz (Peg) virtual point.
Argus TTF
Argus produces benchmark assessments of the value of contracts trading on the Netherlands’ Title Transfer Facility, Europe’s most liquid virtual trading point.
Argus China gasoline index
The Argus China Gasoline index (Bohai) is a spot price assessed on a free on board basis for cargoes of 10ppm sulphur China 6 standard fuel loading at ports around northeast China’s Bohai Bay, home to the greatest concentration of Chinese independent refining capacity.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus Middle East fob ammonia
Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus Middle East sulphur fob
The Argus Middle East sulphur fob price assessment is a significant market reference point and Argus publishes the price on a weekly basis.
Argus Mars
The Argus Mars is a key crude benchmark and reflects oil spot prices for the US Gulf medium sour crude blend arriving on the Mars pipeline.
Baltic wood pellet
The fob Baltic wood pellet price assessment is the price reference for wood pellets sold out of Baltic ports in the 90-day spot window. It is also known as Argus fob Riga.
Argus palm kernel shells (PKS)
Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.
Argus fob Vietnam wood pellet
The Argus fob Vietnam wood pellet spot index is a leading price reference for industrial wood pellets loading at specified key ports in Vietnam, with a 90-day window.
Argus German diesel 10 ppm fob АРА
Котировка Argus German diesel с содержанием серы 10 ppm fob АРА
Argus European inland LNG
Argus publishes prices for LNG for use in transport and other small-scale applications at four key German locations. Our prices bring transparency for both buyers and sellers operating in this market.
Argus Northeast Asia des (ANEA™)
The Argus Northeast Asia des (ANEA™) LNG price is a daily physical spot price assessment for LNG cargoes delivered ex-ship (des) to ports in Japan, South Korea, Taiwan and China. The assessment is of prices for deliveries across four half-month windows that start 2-5 half months forward from the date of assessment.
Argus Austria VTP
Argus assesses the price of contracts trading on Austria’s Virtual Trading Point (VTP). Our gas price assessments are trusted and used by a wide range of customers throughout Europe as benchmarks in supply contracts, risk management processes, and downstream and infrastructure pricing.
Argus Point d’Echange de Gaz (Peg)
Argus assesses the price of contracts trading on France’s Point d’Echange de Gaz (Peg) virtual point.
Argus TTF
Argus produces benchmark assessments of the value of contracts trading on the Netherlands’ Title Transfer Facility, Europe’s most liquid virtual trading point.
Argus China gasoline index
The Argus China Gasoline index (Bohai) is a spot price assessed on a free on board basis for cargoes of 10ppm sulphur China 6 standard fuel loading at ports around northeast China’s Bohai Bay, home to the greatest concentration of Chinese independent refining capacity.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus Middle East fob ammonia
Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus Middle East sulphur fob
The Argus Middle East sulphur fob price assessment is a significant market reference point and Argus publishes the price on a weekly basis.
Argus Mars
The Argus Mars is a key crude benchmark and reflects oil spot prices for the US Gulf medium sour crude blend arriving on the Mars pipeline.
Baltic wood pellet
The fob Baltic wood pellet price assessment is the price reference for wood pellets sold out of Baltic ports in the 90-day spot window. It is also known as Argus fob Riga.
Argus palm kernel shells (PKS)
Argus assesses a fob east coast Sumatra palm kernel shell (PKS) spot price, for delivery within the next 90 days.
Argus fob Vietnam wood pellet
The Argus fob Vietnam wood pellet spot index is a leading price reference for industrial wood pellets loading at specified key ports in Vietnam, with a 90-day window.
Argus German diesel 10 ppm fob АРА
Котировка Argus German diesel с содержанием серы 10 ppm fob АРА
Argus European inland LNG
Argus publishes prices for LNG for use in transport and other small-scale applications at four key German locations. Our prices bring transparency for both buyers and sellers operating in this market.
Argus Northeast Asia des (ANEA™)
The Argus Northeast Asia des (ANEA™) LNG price is a daily physical spot price assessment for LNG cargoes delivered ex-ship (des) to ports in Japan, South Korea, Taiwan and China. The assessment is of prices for deliveries across four half-month windows that start 2-5 half months forward from the date of assessment.
Argus Austria VTP
Argus assesses the price of contracts trading on Austria’s Virtual Trading Point (VTP). Our gas price assessments are trusted and used by a wide range of customers throughout Europe as benchmarks in supply contracts, risk management processes, and downstream and infrastructure pricing.
Argus Point d’Echange de Gaz (Peg)
Argus assesses the price of contracts trading on France’s Point d’Echange de Gaz (Peg) virtual point.
Argus TTF
Argus produces benchmark assessments of the value of contracts trading on the Netherlands’ Title Transfer Facility, Europe’s most liquid virtual trading point.
Argus China gasoline index
The Argus China Gasoline index (Bohai) is a spot price assessed on a free on board basis for cargoes of 10ppm sulphur China 6 standard fuel loading at ports around northeast China’s Bohai Bay, home to the greatest concentration of Chinese independent refining capacity.
Argus/McCloskey's API 5
The API 5 price assessment is the key price reference used for coal supply agreements in the Australian and Chinese markets.
Argus/McCloskey's API 8
The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer.
Argus Middle East fob ammonia
Argus publishes this price on a weekly basis, inclusive of shipments loading from Saudi Arabia, Qatar, Bahrain, Kuwait, UAE and Oman, and also considers netbacks from price movements in key cfr export markets.
Argus/McCloskey's API 4
The API 4 price assessment is the benchmark price reference for 6,000 kcal/kg coal exported from South Africa’s Richards Bay Coal Terminal and is used in physical and over-the-counter contracts.
Argus Middle East sulphur fob
The Argus Middle East sulphur fob price assessment is a significant market reference point and Argus publishes the price on a weekly basis.
Argus Mars
The Argus Mars is a key crude benchmark and reflects oil spot prices for the US Gulf medium sour crude blend arriving on the Mars pipeline.
Related documents
Methodology
Get the most up-to-date guide to the methodology used to ensure the prices published in the Argus Marine Fuels Forward Curves are free from distortion and representative of spot market values.
Forward curves primer
An introduction to forward curves – what are they, how are they produced and why do they matter.