Overview

The Argus Americas Crude service provides market information and price transparency to the rapidly growing US Gulf coast markets as well as to markets in the US midcontinent, US west coast, Canada, South America and other pricing centres in the Americas. Many of the price assessments in the Argus Americas Crude product are set by a volume-weighted average of deals done, and those deals are printed in tables within the report each business day. Argus reports the market in the way that it trades and seeks to represent the entire market and capture all its liquidity.

Key features

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Global benchmark prices

Argus WTI Midland and WTI Houston are the standard physical benchmark price assessments for US crude, based on the Nymex light sweet crude futures contract.

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Key regional pricing

Access the latest prices for WTI, midcontinent, US Gulf coast, US waterborne, US west coast, Canada, Mexico and South America.

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Historical data

View price histories for every key US crude grade, extending back to when each assessment was first published.

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Market-moving news

The latest news and market commentary will ensure you stay on top of price movements and events shaping the crude industry.

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Daily market reports

At the end of each trading day we publish a PDF report containing the latest prices, news and market commentary.

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Unrivalled methodology

We report the US pipeline market the way that it trades, rather than imposing a one-size-fits-all methodology.

Customers that benefit

The Argus Americas Crude service is essential for anyone exposed to crude oil pricing across the Americas. Below are examples of how some clients use this service:
  • Producers

    Track our assessments and use them in contracts as a reference in negotiations as well as for calculating official selling prices.

 

  • Traders 

    Identify arbitrage opportunities reassured by the knowledge that our assessments are impartial, robust and reliable for a wide range of US crude streams for domestic and internal trade.
  • Refiners

    Rely on our assessments when evaluating offers and use our refinery netback prices for a wide range of crude grades to identify opportunities to improve margins.

 

  • Analysts and risk managers

    Follow our market commentary, which explains the reasons behind price movements.

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.