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Base oil prices: Argus USGC Group I & II fob prices | Argus Media
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class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Argus Base Oils USGC Group I and Group II fob prices</h1><div class="h4 qa-banner-description">The prices used by producers, exporters and blenders buying and selling US base oils</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#details" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Price assessment details</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our oil products reports</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta ">More</button></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#details" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Price assessment details</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our oil products reports</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a></div></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.<br /> <br /> Structural increases in base oils production capacity prompted US producers to export more surplus supply to keep the domestic market balanced. This growing US export market requires robust price assessments that reflect accurately current market fundamentals.</p></div></div></div></div></div></div></div></div><div class="component component-padding grey"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-9"><div class="qa-textpanel-description TextPanel_description__v7NGU"><h2 id="details">Price assessment details</h2> <h3></h3> <h3>What are the advantages of the Argus base oils USGC Group I and Group II fob price assessment?</h3> <p>The Argus USGC Group I and Group II fob price assessments are dynamic and reflect rather than lag the market spot price. The assessments adhere to a robust base oils methodology that is applied in the same way in every market.</p> <h3>How is this assessment used?</h3> <p>These prices are used by producers, exporters and blenders buying and selling US base oils. More US base oil exports are referencing or indexing Argus US Group I and Group II assessments.</p></div></div></div></div></div></div><div class="component component-padding navy " id="products"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="section-heading">Explore our oil products reports</h2></div></div><div class="ProductListing_products__Uxsig row"><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/en/solutions/products/argus-base-oils"><h3 class="sub-heading h2 d-none d-lg-block">Argus Base Oils</h3><h3 class="sub-heading h4 d-lg-none">Argus Base Oils</h3><div class="ProductListing_itemDescription__E7NK3">The essential weekly source of global spot base oils prices and analysis for timely decision-making.</div><span class="ProductListing_itemCta__NeAHB cta">Find out more</span></a></div><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/en/solutions/products/argus-americas-base-oils"><h3 class="sub-heading h2 d-none d-lg-block">Argus Americas Base Oils</h3><h3 class="sub-heading h4 d-lg-none">Argus Americas Base Oils</h3><div class="ProductListing_itemDescription__E7NK3">A regionally focused spot price service providing prices, market commentary, news and analysis for timely decision-making.</div><span class="ProductListing_itemCta__NeAHB cta">Find out more</span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/en/solutions/products/argus-base-oils-outlook"><h3 class="sub-heading h4">Argus Base Oils Outlook</h3><div class="ProductListing_itemDescription__E7NK3">The leading source of base oils price forecasts and forward-looking analysis.</div><span class="ProductListing_itemCta__NeAHB cta">Find out more</span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/en/solutions/products/argus-china-base-oils"><h3 class="sub-heading h4">Argus China Base Oils</h3><div class="ProductListing_itemDescription__E7NK3">Detailed base oil price assessments and analysis of the northeast Asia base oil market.</div><span class="ProductListing_itemCta__NeAHB cta">Find out more</span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/en/solutions/products/argus-global-waxes"><h3 class="sub-heading h4">Argus Global Waxes</h3><div class="ProductListing_itemDescription__E7NK3">Your trustworthy source of monthly global wax supply and demand updates.</div><span class="ProductListing_itemCta__NeAHB cta">Find out more</span></a></div><div class="ProductListing_ctaContainer__U0Z9q"><a href="https://www.argusmedia.com/en/solutions/products?sortField=title&asc=1&page=1&filters=%7B%22commodity%22%3A%2281C108A23D514D87A24DAE6BFFC59358%22%7D" class="cta large" target="">View all our oil products reports</a></div></div></div></div></div><div class="component component-padding grey" id="ContentCarousel-5e3df075-6e8c-4138-ad99-63182df550fc"><div class="component-content"><div class="container"><div class="row"><div class="ContentCarousel_intro__GOQMj col-12 col-lg-8 mx-auto"><h2 class="qa-contentcarousel-header">Key price assessments</h2><p class="qa-contentcarousel-description">Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.</p></div></div></div><div class="ContentCarousel_carousel__skHV_"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-usgc-group-i-and-group-ii-fob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus USGC Group I and Group II fob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-usgc-group-iii-domestic-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils USGC Group III domestic price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for premium-grade base oils sold in the US.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-iii-a-and-b-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group III (a) and (b) price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The only price assessments in the European market that differentiate Group III base oils with different approvals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-ii-fca-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group II fca ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The price that captures the latest changes in demand-supply fundamentals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div></div></div></div></div><div class="col-12 d-lg-none"><div class="Carousel_carousel__cxmDM pagination qa-slide-pagination"><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-usgc-group-i-and-group-ii-fob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus USGC Group I and Group II fob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-usgc-group-iii-domestic-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils USGC Group III domestic price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for premium-grade base oils sold in the US.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-iii-a-and-b-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group III (a) and (b) price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The only price assessments in the European market that differentiate Group III base oils with different approvals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-ii-fca-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group II fca ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The price that captures the latest changes in demand-supply fundamentals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-usgc-group-i-and-group-ii-fob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus USGC Group I and Group II fob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-usgc-group-iii-domestic-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils USGC Group III domestic price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for premium-grade base oils sold in the US.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-iii-a-and-b-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group III (a) and (b) price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The only price assessments in the European market that differentiate Group III base oils with different approvals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-ii-fca-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group II fca ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The price that captures the latest changes in demand-supply fundamentals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-usgc-group-i-and-group-ii-fob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus USGC Group I and Group II fob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-usgc-group-iii-domestic-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils USGC Group III domestic price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for premium-grade base oils sold in the US.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-iii-a-and-b-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group III (a) and (b) price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The only price assessments in the European market that differentiate Group III base oils with different approvals.</p></div><span class="cta undefined qa-contentcarousel-item-cta">Find out more</span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/en/methodology/key-commodity-prices/argus-base-oils-europe-group-ii-fca-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group II fca ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The price that captures the latest changes in demand-supply fundamentals.</p></div><span class="cta undefined 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