Argus Crude and Refined Products Outlook
Overview
With accompanying expert analysis of key trends in each market, the Argus Crude and Refined Products Outlook service is your independent source of intelligence to aid planning and decision making.
Key features
Crude oil forecasts
Two-year price forecast for more than regional crude benchmarks, grades and differentials, including WTI Midland and WTI Houston.
Refined products forecasts
Two-year price forecasts for crack spreads in the key refining regions of northwest Europe, the Mediterranean, US Gulf coast and Singapore.
Refining margins
Two-year forecast of regional refining margins for northwest Europe, the Mediterranean, US Gulf coast and Singapore.
Trade and trend summaries
By region, grade and product, our analysis gives context to the rapidly changing landscape in the global oil market.
Access to analysts
If there is something you do not understand, our experts will help investigate the data and find the answers you need.
Downloadable datasets
Access to all of the latest data from our client portal in excel format.
Customers that benefit
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Oil majors
Use our unbiased price information and analysis to inform their exploration and production activities and investment decisions.
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Refiners
Can prepare for fluctuations in the price of various crude grades to make the best decisions about refinery input.
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Governmental agencies
Rely on our outlooks as a key part of a holistic view of markets.
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Trading firms
Use the price forecasts and analysis to enhance planning and decision making.
Product specifications
Stay ahead of the curve with the Argus Crude and Refined Products Outlook, published monthly and forecasting a range of regional crude and refined oil products prices up to 24 months into the future.
- 24 month price forecast by quarter for naphtha, gasoline, jet-kerosine, diesel, LSFO and HSFO
- Northwest Europe product crack spreads vs North Sea Dated for naphtha 65 para, 95R gasoline, jet-kerosine, 10ppm diesel, 50ppm diesel, LSFO (1pc sulphur), HSFO (3.5pc sulphur)
- Mediterranean product crack spreads vs Kebco cif Augusta for naphtha 65 para, 95R gasoline, jet-kerosine, 10ppm diesel, 1,000ppm heating oil, LSFO (1pc sulphur), HSFO (3.5pc sulphur)
- US Gulf coast product crack spreads vs WTI Houston for naphtha, 87 conv gasoline (ex-RVO), jet-kerosine, 10ppm diesel (ex-RVO), 2,000ppm heating oil, LSFO, HSFO (No 6 / 3pc sulphur)
- Singapore product crack spreads vs Dubai for naphtha, 95R gasoline, jet-kerosine, 10ppm diesel, 500ppm gasoil, HSFO 180cst, HSFO 380cst
- Macroeconomic and financial markets
- Crude futures analysis
- Regional analysis; Northwest Europe, Mediterranean, US, Asia-Pacific
- Refined product markets; Light distillates, Middle distillates, Fuel oil
Our people are recognised industry experts
Data alone — no matter how accurate — is not sufficient. Our strengths lie with our people — a team that combines extensive experience in strategic consulting with commodity market expertise.
Our people are experts, close to the market and working collaboratively with clients. Dedicated and committed to your needs, we pride ourselves on being accessible, responsive and connected to the markets.
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 NYH barge diesel
New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.
Argus TMX Fob Vancouver
Get a real view with Argus TMX market updates and comprehensive coverage
Argus US UCO price assessments
Trusted price assessments capturing the value of used cooking oil in North America.
Argus Asian UCO price assessments
Trusted price assessments capturing the value of used cooking oil in Asia.
Argus European RED marine biodiesel indexes
Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
Argus European biopropane
A robust, market-led price reference for the growing renewable LPG market.
Argus UCOME biodiesel
The Argus UCOME (used cooking oil methyl ester) price assessment is a key benchmark for European waste biodiesel markets. The primary basis for the UCOME price assessment is fob ARA range — including Antwerp, Rotterdam, Amsterdam, Dordrecht, Flushing and Ghent. Argus also produces a UCOME price assessment for the southeast China region.
Argus RME biodiesel
The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.
Argus RIN and RVO
Renewable Identification Numbers (RINs) are a tradeable commodity, allowing the holder to demonstrate compliance with the US Renewable Fuel Standard.
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 China diesel Index
The Argus China Diesel 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 USGC Group I and Group II fob
Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.
Argus rail fob Midwest asphalt
The US rail fob midcontinent assessment includes prices for asphalt transported by railcar across the greater Midwest.
Argus bionaphtha fob ARA
The key price reference for naphtha produced from renewable feedstocks for northwest Europe.
Argus bionaphtha cfr NE Asia
The key price reference for naphtha produced from renewable feedstocks for northeast Asia.
Argus NYH barge diesel
New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.
Argus TMX Fob Vancouver
Get a real view with Argus TMX market updates and comprehensive coverage
Argus US UCO price assessments
Trusted price assessments capturing the value of used cooking oil in North America.
Argus Asian UCO price assessments
Trusted price assessments capturing the value of used cooking oil in Asia.
Argus European RED marine biodiesel indexes
Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
Argus European biopropane
A robust, market-led price reference for the growing renewable LPG market.
Argus UCOME biodiesel
The Argus UCOME (used cooking oil methyl ester) price assessment is a key benchmark for European waste biodiesel markets. The primary basis for the UCOME price assessment is fob ARA range — including Antwerp, Rotterdam, Amsterdam, Dordrecht, Flushing and Ghent. Argus also produces a UCOME price assessment for the southeast China region.
Argus RME biodiesel
The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.
Argus RIN and RVO
Renewable Identification Numbers (RINs) are a tradeable commodity, allowing the holder to demonstrate compliance with the US Renewable Fuel Standard.
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 China diesel Index
The Argus China Diesel 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 USGC Group I and Group II fob
Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.
Argus rail fob Midwest asphalt
The US rail fob midcontinent assessment includes prices for asphalt transported by railcar across the greater Midwest.
Argus bionaphtha fob ARA
The key price reference for naphtha produced from renewable feedstocks for northwest Europe.
Argus bionaphtha cfr NE Asia
The key price reference for naphtha produced from renewable feedstocks for northeast Asia.
Argus NYH barge diesel
New York Harbor (NYH) is one of the largest clearing markets for diesel in the Atlantic basin. The price of a NYH barge is considered the bellwether of distillate demand in the US Northeast, and underpins several major futures contracts.
Argus TMX Fob Vancouver
Get a real view with Argus TMX market updates and comprehensive coverage
Argus US UCO price assessments
Trusted price assessments capturing the value of used cooking oil in North America.
Argus Asian UCO price assessments
Trusted price assessments capturing the value of used cooking oil in Asia.
Argus European RED marine biodiesel indexes
Argus B24 (UCOME) dob West Med, Argus B30, B100 (Advanced Fame 0) dob ARA, Argus B30 (UCOME) fob ARA.
Argus ESPO Blend
Pricing for light crude shipped through the East Siberia-Pacific Ocean
Argus European biopropane
A robust, market-led price reference for the growing renewable LPG market.
Argus UCOME biodiesel
The Argus UCOME (used cooking oil methyl ester) price assessment is a key benchmark for European waste biodiesel markets. The primary basis for the UCOME price assessment is fob ARA range — including Antwerp, Rotterdam, Amsterdam, Dordrecht, Flushing and Ghent. Argus also produces a UCOME price assessment for the southeast China region.
Argus RME biodiesel
The Argus RME (rapeseed oil methyl ester) price assessment is a key biofuel benchmark for Europe. The price assessment is used to price swaps and physical deals and in clearing and settlement through exchanges.
Argus RIN and RVO
Renewable Identification Numbers (RINs) are a tradeable commodity, allowing the holder to demonstrate compliance with the US Renewable Fuel Standard.
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 China diesel Index
The Argus China Diesel 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.
