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Argus Launches New WTI Cargo Assessments For US Gulf

OIL
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Argus has launched new price assessments for WTI light, sweet crude cargoes heading for export from the US Gulf, according to the company.

  • Additional assessments divide the front month into three “decades” to enhance price discovery, known as Argus Gulf Coast WTI decade assessments.
  • The assessments will be priced as differentials to Argus WTI Houston as well as ICE Brent for cargoes loading 1st-10th, 11th-20th and 21st until the end of the loading month.
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Argus has launched new price assessments for WTI light, sweet crude cargoes heading for export from the US Gulf, according to the company.

  • Additional assessments divide the front month into three “decades” to enhance price discovery, known as Argus Gulf Coast WTI decade assessments.
  • The assessments will be priced as differentials to Argus WTI Houston as well as ICE Brent for cargoes loading 1st-10th, 11th-20th and 21st until the end of the loading month.