Commodity Forward Curves & Swap Assessments
Forward curves illustrate market structure (backwardation vs. contango) across prompt balance-of-month (BalMo), Month 1 (M1), and Month 2 (M2) paper swaps. Compare derivative benchmarks across energy and nitrogen fertilizer contracts.
Singapore Curves (9)
Paper swap mid-market assessments from published daily and weekly reports
| Contract / Swap Name | Basis / Trading Hub | Latest Mid | Assessment Date | Action |
|---|---|---|---|---|
| Naphtha Japan Forward | Singapore paper | $967.00/mt | 21 Oct 2026 | Curve Data → |
| Naphtha Forward | Singapore paper | $102.95/bbl | 21 Oct 2026 | Curve Data → |
| Gasoline 95 Forward | Singapore paper | $127.07/bbl | 21 Oct 2026 | Curve Data → |
| Gasoline 92 Forward | Singapore paper | $124.32/bbl | 21 Oct 2026 | Curve Data → |
| Kerosene Forward | Singapore paper | $179.30/bbl | 21 Oct 2026 | Curve Data → |
| Gasoil Forward | Singapore paper | $178.49/bbl | 21 Oct 2026 | Curve Data → |
| HSFO 180 Forward | Singapore paper | $723.80/mt | 21 Oct 2026 | Curve Data → |
| HSFO 380 Forward | Singapore paper | $717.00/mt | 21 Oct 2026 | Curve Data → |
| Marine Fuel 0.5% Forward — Singapore | FOB Singapore | $826.55/mt | 21 Oct 2026 | Curve Data → |
Arab Gulf Swaps (8)
Paper swap mid-market assessments from published daily and weekly reports
| Contract / Swap Name | Basis / Trading Hub | Latest Mid | Assessment Date | Action |
|---|---|---|---|---|
| Naphtha Forward — Arab Gulf | Arab Gulf swaps | $759.84/mt | 21 Oct 2026 | Curve Data → |
| Gasoline 95 Forward — Arab Gulf | Arab Gulf swaps | $111.09/bbl | 21 Oct 2026 | Curve Data → |
| Gasoline 92 Forward — Arab Gulf | Arab Gulf swaps | $108.34/bbl | 21 Oct 2026 | Curve Data → |
| Kerosene Forward — Arab Gulf | Arab Gulf swaps | $164.59/bbl | 21 Oct 2026 | Curve Data → |
| Gasoil Forward — Arab Gulf | Arab Gulf swaps | $162.89/bbl | 21 Oct 2026 | Curve Data → |
| HSFO 180 Forward — Arab Gulf | Arab Gulf swaps | $570.00/mt | 21 Oct 2026 | Curve Data → |
| HSFO 380 Forward — Arab Gulf | Arab Gulf swaps | $550.75/mt | 21 Oct 2026 | Curve Data → |
| Marine Fuel 0.5% Forward — Fujairah | FOB Fujairah | $763.25/mt | 21 Oct 2026 | Curve Data → |
European product swaps (17)
Paper swap mid-market assessments from published daily and weekly reports
Urea Swaps (4)
Paper swap mid-market assessments from published daily and weekly reports
| Contract / Swap Name | Basis / Trading Hub | Latest Mid | Assessment Date | Action |
|---|---|---|---|---|
| Granular Urea Forward — NOLA | FOB barge NOLA | $445.00/st | 15 Oct 2026 | Curve Data → |
| Granular Urea Forward — Egypt | FOB Egypt | $498.00/mt | 15 Oct 2026 | Curve Data → |
| Granular Urea Forward — Middle East | FOB Middle East | $450.00/mt | 15 Oct 2026 | Curve Data → |
| Granular Urea Forward — Brazil | CFR Brazil | $496.00/mt | 15 Oct 2026 | Curve Data → |
Crude futures & cash-month structure
Actual contracts and loading months are shown separately. Futures settlements and physical cash assessments are different price types.
| Contract / month | Date | USD/bbl |
|---|---|---|
| Brent M1 · 2026-12 ICE settlement | 2026-10-21 | 108.820 |
| Brent M2 · 2027-01 ICE settlement | 2026-10-21 | 105.070 |
| Brent M3 · 2027-02 ICE settlement | 2026-10-21 | 101.700 |
| Brent M4 · 2027-03 ICE settlement | 2026-10-21 | 99.200 |
| Contract / month | Date | USD/bbl |
|---|---|---|
| WTI M1 · 2026-12 NYMEX settlement | 2026-10-21 | 97.150 |
| WTI M2 · 2027-01 NYMEX settlement | 2026-10-21 | 95.460 |
| WTI M3 · 2027-02 NYMEX settlement | 2026-10-21 | 93.710 |
| WTI M4 · 2027-03 NYMEX settlement | 2026-10-21 | 91.990 |
| Contract / month | Date | USD/bbl |
|---|---|---|
| Dubai cash M1 · 2026-12 Singapore 16:30 | 2026-10-21 | 110.980 |
| Dubai cash M2 · 2027-01 Singapore 16:30 | 2026-10-21 | 108.950 |
| Dubai cash M3 · 2027-02 Singapore 16:30 | 2026-10-21 | 105.440 |
| Contract / month | Date | USD/bbl |
|---|---|---|
| Murban cash M1 · 2026-12 Singapore 16:30 | 2026-10-21 | 111.940 |
| Murban cash M2 · 2027-01 Singapore 16:30 | 2026-10-21 | 109.910 |
| Murban cash M3 · 2027-02 Singapore 16:30 | 2026-10-21 | 106.400 |
| Contract / month | Date | USD/bbl |
|---|---|---|
| Oman cash M1 · 2026-12 Singapore 16:30 | 2026-10-21 | 110.980 |
| Oman cash M2 · 2027-01 Singapore 16:30 | 2026-10-21 | 108.950 |
| Oman cash M3 · 2027-02 Singapore 16:30 | 2026-10-21 | 105.440 |
Contracts, dates and providers
The directory lists available swap and forward assessments. Open an instrument to see its dated tenors and historical observations. M1 means the first contract month under the series convention; it rolls as the assessment month changes and is not a fixed delivery month through the entire chart.
Compare contracts from the same provider and observation date. Fertilizer histories identify the selected provider on the series page; tables can also show other providers separately. A bid, offer and published midpoint belong to one assessment and must not be blended with another provider.
An upward curve has later contracts above earlier ones; a downward curve has later contracts below earlier ones. This describes the quoted curve, not a forecast. Missing contracts remain missing, and a paper assessment does not include every term of a physical cargo.
Sources and methodology