Crude oil

Crude oil

Crude oil

Argus crude oil pricing has been entrenched in the world’s global markets since 1979. Our methodologically appropriate and transparent prices have been adopted in a wide range of commercial contracts, official selling prices, internal transfer pricing, tax formulas and economic modelling used by governments and all aspects of upstream, midstream and downstream markets.


Our key crude prices, including WTI Houston, WTI Midland, LLS and Mars are used extensively as the settlement basis for exchange-traded derivatives.


Learn about our key crude oil prices

Explore some of our services

ARGUS Crude

The Argus Crude service is your must-have source for daily news, prices and analysis for more than 80 different internationally-traded crude streams.

ARGUS Americas Crude

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.

ARGUS China Petroleum

The Argus China Petroleum service offers in-depth daily coverage of oil markets in China, the world’s largest net importer of crude.

ARGUS Caspian Markets

The Argus Caspian Markets service, available in Russian and English, includes a weekly report on the crude and oil products markets of the Caspian region and central Asia.

ARGUS Latin Markets

The Argus Latin Markets service provides an insightful source of news, data and analysis on the Latin American crude oil and refined products sectors.

ARGUS Nefte Transport

The Argus Nefte Transport service, available in both English and Russian, covers logistics for the exports of oil cargoes each month from the former Soviet Union.

ARGUS West Africa Oil

The Argus West Africa Oil service brings clarity to previously opaque west African crude oil and refined products markets and includes daily prices for 27 regionally produced west African crude grades.

ARGUS FSU Energy

The Argus FSU Energy service is a comprehensive source of insight into the oil and gas markets in the former Soviet Union and central and eastern Europe.

Petroleum ARGUS

The Petroleum Argus service is our flagship business intelligence service with an international reputation for providing thought-provoking and independent analysis of the global oil and gas markets.

ARGUS Global Markets

Drawing on Argus’ daily oil price reporting expertise, this service features intelligent, independent coverage on derivatives, arbitrage, market fundamentals and global trading.

Related crude resources

  • Crude oil forward curves

    Our daily forward curves are built from unbiased and transparent industry-specific methodologies that produce representative market values free from distortion for Asia-Pacific, American or European crude exposure.
  • Webinars

    Argus regularly creates free presentations on subjects relevant to the international energy markets, giving you the chance to get additional in-depth analysis from our in-house subject matter experts. See which webinars are related to your interests.
  • Select news stories

    Half of Argus' employees are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. Explore our free news stories shared from journalists around the globe.

Explaining WTI Houston: Where pipeline crude meets the water

See a listing of our crude oil market services

We are dedicated to covering crude oil markets around the world, and our services will help you find the prices and news you need to track the industry. We have offerings in English and Russian, while our deep understanding of downstream markets enables us to put crude oil into context within the larger energy landscape. We invite you to explore our services and see which one may best fit your business.

Frequently downloaded crude oil methodologies

Conferences and events

Our conferences and events around the globe bring together the top minds and managers from various commodity sectors. Join us and gain exclusive insight into commodity markets.

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