The transparency of locational spreads between the various US Gulf coast terminals that make up Argus AGS has proven quite popular, as it helps to highlight each connection’s unique market fundamentals.
In this episode of The Crude Report, Argus Associate Editor Amanda Hilow and Argus Americas Crude Editor Gus Vasquez explain Argus AGS’ newest methodology changes and what factors have contributed to the downward trend between locational spreads.