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Argus Launches New WTI Cargo Assessments For US Gulf

OIL

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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