Latest The Argus Stories

2011-07-12 20:00:00

SINGAPORE, July 12, 2011 /PRNewswire/ -- In just three years, China has moved from being a major regional coal exporter to being a significant coal importer. This change, driven by soaring Chinese demand for coal-fired power, requires new approaches for pricing thermal coal imports by China. Argus, the leading independent global coal price reporting agency, launched the first major cfr south China assessment for thermal coal in March. With the support of large producers and buyers of...

2010-10-20 11:21:00

LONDON, Oct. 20 /PRNewswire/ -- German utility RWE and US-based commodity management firm Gavilon have concluded the first physical supply contract to be priced against Argus' European industrial wood pellet index. The one-year supply deal was brokered by Geneva-based Starsupply Commodity Brokers. The pellets will be delivered on a cost, insurance and freight (cif) basis to Amsterdam-Rotterdam-Antwerp (ARA). Supply will start in the fourth quarter of 2011 and will be priced against the...

2010-08-19 17:00:00

CALGARY, Alberta, Aug. 19 /PRNewswire/ -- (Argus) -- International energy pricing agency Argus today launched daily volume-weighted average price indexes for two leading Canadian crude streams: Western Canadian Select (WCS) and Syncrude (SYN). Argus will publish these indexes daily, plus a cumulative volume-weighted average for each grade. The indexes will appear in the daily Argus Crude and Argus Americas Crude publications. The final cumulative indexes for crude oil injected in...

Word of the Day
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'