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src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fproduct%2Fmobile%2Fherobanner390x620_argusamericasbaseoilspage.jpg%3Fh%3D620%26iar%3D0%26w%3D390%26rev%3D-1%26hash%3DF106948E3D70E05CC07EDC39320C9395&w=828&q=75"/><div class="HeroBanner_container___RcE5 container"><div class="row"><div class="col-12 col-lg-6 offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Argus Base Oils USGC Group III domestic price</h1><div class="h4 qa-banner-description">Reliable price assessments for premium-grade base oils sold in the US</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 "></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>Argus USGC Group III base oil price assessments capture the value of domestic trade for premium-grade base oils sold from tankage in the US gulf coast with a minimum of 50 tons. The price reflects the latest changes in demand-supply fundamentals in the US market on a weekly basis, where the majority of volumes sold are imported from South Korea and the Mideast Gulf. <br /> <br /> Argus was the first price reporting agency to launch domestic Group III price assessments as stricter lubricant specifications boosted demand for the premium-grade base oil and led to a need for an independent price to benchmark the value of the product.  <br /> <br /> This price is published in the weekly Argus Base Oils and Argus Americas Base Oils services.</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"><h2 class="qa-textpanel-title">Price assessment details</h2><div class="qa-textpanel-description TextPanel_description__v7NGU"><h1 id="details"></h1> <h3>What are the advantages of the Argus Base Oils USGC Group III domestic price assessment? </h3> <p>Demand for Group III base oils in the US continues to increase. More domestic production is creating a more competitive market, with a majority of supplies still coming from imports. <br /> <br /> With a robust methodology for assessing the value of Group III base oils sold in the US Gulf that incorporates both products originally imported from global producers and produced domestically, Argus provides a dynamic price reference that is truly reflective of market fundamentals in the US. </p> <h3>How is this assessment used?</h3> <p>The prices are used by importers, distributors and blenders looking to purchase Group III base oils in the US. Some market participants prefer using Argus USGC domestic spot price assessments, instead of posted prices, in their contracts in the US market.</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="/pt/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">O Argus Base Oils é o único relatório semanal global de preços pontuais que fornece preços, comentários de mercado, notícias e análises para tomada de decisões oportunas.  </div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/pt/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><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/pt/solutions/products/argus-base-oils-outlook"><h3 class="sub-heading h4">Argus Base Oils Outlook</h3><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/pt/solutions/products/argus-china-base-oils"><h3 class="sub-heading h4">Argus China Base Oils</h3><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/pt/solutions/products/argus-global-waxes"><h3 class="sub-heading h4">Argus Global Waxes</h3><div class="ProductListing_itemDescription__E7NK3">Sua fonte confiável de atualizações mensais globais de oferta e demanda de cera </div><span class="ProductListing_itemCta__NeAHB cta"></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="prices"><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. 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