ARGUS European Crude Oil Forward Curves
The Argus European Crude Oil Forward Curves service is a powerful, independent market valuation tool to support investment and trading decisions in crude oil markets across Europe.
Participants in energy and related commodity markets need to see accurate forward prices from a source without distortion or bias. 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. The Argus European Crude Oil Forward Curves service provides deep market insights and data to support precision in your risk management and cost decisions.
- Futures: North Sea Brent; WTI Cushing
- Mediterranean: Es Sider, Saharan Blend, Kirkuk
- Mideast Gulf: Basrah Heavy, Basrah Medium, Dubai, Oman
- North Sea: WTI Houston CIF Rotterdam, Brent, Forties, Ekofisk, Oseberg, Johan Sverdrup
- North Sea Dated: BFOE
- Russia-Caspian: Azeri Light, BTC Blend, CPC Blend, Urals Mediterranean 80,000t, Urals Primorsk
- West Africa: Bonny Light, Dalia, Girassol, Hungo
- Daily assessments for 25 crude grades, providing monthly, quarterly and yearly granularity of forward prices
- Assessments reflect trade as of 4:30pm London time
- Data extends four years ahead
- Comprehensive swap differentials to Brent futures prices
- Independent and transparent market-appropriate methodology
- Choice of delivery options: Data feed, through our third-party partners or email
How clients use our data
We provide a proven, reliable tool for analytical and risk-management processes, including:
- Independent evaluations
- Mark-to-market (MTM) validation
- Value-at-risk (VaR)
- Potential future exposure (PFE)
- Risk disaggregation
- In-house forward positions validation
Customers that benefit
The Argus European Crude Oil Forward Curves service is essential for anyone with exposure to European crude oil. Below are examples of how some clients use this service:
- Exploration and production companies use our curves services to determine commitments for the coming fiscal year.
- Refineries use curves to inform hedging decisions when securing crude oil supplies.
- Risk managers use our forward curves data for unbiased, third-party curve validation against counterparties, for internal valuations and mark-to-market purposes for daily profit and loss assessments.
- Traders rely on our extensive historical analysis in determining locational and time spread relationships and use prior-day curves on a daily basis as a reference when entering the market the following morning.