

Argus US Crack Spread Forward Curves
Overview
Argus US Crack Spread Forward Curves service is an independent market valuation tool to support investment and trading decisions in North American oil markets. The service provides daily differential forward prices between key refined oil products and various crude grades.
Our clients act with confidence because our forward curves are built from unbiased and transparent industry-specific methodologies that produce representative market values free from distortion.
Key features
Daily assessments
Daily assessments for 45 crack spread markets, providing a rolling 24 month view of monthly forward prices.
Key differentials
Price differences between crude oil and refined product markets across North America.
Time-stamped
Time-stamped at 6 p.m. CPT time, in alignment with Argus’ physical settlement price assessments.
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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Exploration and production companies
Use our curves services to determine commitments for the coming fiscal year.
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Refineries
Use curves to inform hedging decisions when securing refined oil supplies and to analyse margins at their facilities.
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Risk managers
Use our forward curves data for unbiased, third-party curve validation against counterparties, internal valuations, and for mark-to-market purposes for daily profit and loss assessments.
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Traders
Rely on our extensive historical analysis to determine locational and temporal spread relationships and use prior day curves on a daily basis as a reference when entering the market the following morning.
Product specifications
- Gulf Coast Gasoline-M2 (9.0 RVP)
- Gulf Coast ULSD
- Gulf Coast Jet Fuel
- Chicago CBOB
- Chicago RBOB
- Chicago ULSD
- Chicago Jet Fuel
- Group 3 CBOB
- Group 3 ULSD
- LA reg CARBOB
- LA ULSD
- LA Jet Fuel
- NY Harbor RBOB
- NY Harbor ULSD
- NY Harbor Jet Fuel
- WTI Houston
- WTL Midland
- LLS
- WCS
- ANS
- Brent
- Multi crack forwards
- Single crack forwards
- Excel format
- Excel add-in
- FTP – CSV file
- API – CSV file
- Argus Direct client portal
- Argus Date Science Studio
- Third party channel partners
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
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.
Argus RED SAF (HEFA-SPK) fob strait of Malacca
Argus Dutch ERE Renewable Fuels Tickets
Argus Critical Minerals Coverage
Argus 75pc GHG savings crop-based ethanol price assessment
Argus fob Mideast Gulf Gasoline (MEBOB)
Argus e-SAF Production Costs
Argus Germanium Prices
Argus Gallium Prices
Argus Titanium Prices
ICE Low Sulphur Gasoil Futures
Rapeseed oil (RSO) fob Dutch mill
Wheat SE Asia cfr
Argus Propylene Contract Index
Diesel & HVO monthly averages
Argus биодизельное топливо FAME Ø
Month 1 fob ITC
Argus RED SAF (HEFA-SPK) fob strait of Malacca
Argus Dutch ERE Renewable Fuels Tickets
Argus Critical Minerals Coverage
Argus 75pc GHG savings crop-based ethanol price assessment
Argus fob Mideast Gulf Gasoline (MEBOB)
Argus e-SAF Production Costs
Argus Germanium Prices
Argus Gallium Prices
Argus Titanium Prices
ICE Low Sulphur Gasoil Futures
Rapeseed oil (RSO) fob Dutch mill
Wheat SE Asia cfr
Argus Propylene Contract Index
Diesel & HVO monthly averages
Argus биодизельное топливо FAME Ø
Month 1 fob ITC
Argus RED SAF (HEFA-SPK) fob strait of Malacca
Argus Dutch ERE Renewable Fuels Tickets
Argus Critical Minerals Coverage
Argus 75pc GHG savings crop-based ethanol price assessment
Argus fob Mideast Gulf Gasoline (MEBOB)
Argus e-SAF Production Costs
Argus Germanium Prices
Argus Gallium Prices
Argus Titanium Prices
ICE Low Sulphur Gasoil Futures
Rapeseed oil (RSO) fob Dutch mill
Wheat SE Asia cfr
Related documents
Methodology
Get the most up-to-date guide to the methodology used to ensure the prices published in the Argus US Crack Spread 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.