Latest crude oil storage news

What is Argus' coverage of global crude oil markets?

Our rich, deep and trusted coverage of the global crude oil markets is unrivalled. For more than two decades Argus WTI assessments at Midland and Houston have been the standard physical benchmarks for US crude, as well as the settlement indexes for a robust derivatives market.

What does Argus AGS oil index examine?

Argus AGS oil index examines the US Gulf Coast trade, seaborne and coastal refineries as well as the WTI Midland light sweet crude oil prices. Argus LLS oil index reflects the light sweet crude prices for St. James's terminals in the US Gulf Coast. Argus des Shandong reflects five oil spot markets in key regions for China oil imports.

How many B/D of offshore oil was off line?

By midday on Tuesday, about 412,070 b/d of offshore oil output was off line according to the Bureau of Safety and Environmental Enforcement (BSEE). Offshore operators including Chevron, Shell, and ExxonMobil evacuated workers and curbed operations as a precaution.

What is the Argus LLS oil index?

Argus LLS oil index reflects the light sweet crude prices for St. James's terminals in the US Gulf Coast.