ARGUS European Refined Products Forward Curves

The Argus European Refined Products Forward Curves service is a powerful, independent market valuation tool to support investment and trading decisions in crude oil markets across Europe and global futures benchmarks. This service complements North American and Asia-Pacific refined products curves subscriptions for a global risk management service at one location.

When participating in the energy commodities markets, you need the most accurate forward prices from a source without distortion or bias. Our clients act with confidence because our forward curves are created from unbiased, industry-specific methodologies with undistorted, fair market values. The Argus European Refined Products Forward Curves service provides deep market insights and data to support precision in your risk management and bottom line.

Markets covered

ARA

• Gasoil
• HS fuel oil barge

NW Europe

• Jet fuel
• Gasoil
• Heating oil 0.1pc
• Eurobob oxy
• Naphtha
• HS fuel oil cargo
• LS fuel oil
• 95R gasoline
• 98R gasoline
• Propane
• Butane
• VGO 0.5pc
• Fuel oil 0.5pc

UK CIF: Diesel

France: Diesel

Med France CIF: Diesel

NWE France CIF: Heating oil

Med France FOB

• Diesel
• Heating oil
• Gasoline

Mediterranean FOB

• Jet fuel
• Naphtha
• 1pc fuel oil
• 3.5pc fuel oil

Mediterranean CIF: Diesel

Germany

• FOB diesel
• Heating oil barge

Key features

• Daily assessments for refined products pricing, providing monthly, quarterly and yearly granularity of forward prices
• Assessments reflect 16:30 London time
• Data includes four years forward
• Comprehensive swap differentials to Ice low-sulphur gasoil futures prices
• Independent and transparent market-appropriate methodology
• Your choice of delivery options: Data feed, 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 Refined Products Forward Curves service are essential for anyone with exposure to European products. Below are examples of how some clients use this service:

• Refineries use curves to inform hedging decisions when securing crude oil supplies and to analyse margins at their facilities.
• 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.
• 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.