We evaluated the use of excitation and emission matrix (EEM) fluorescence and parallel factorial analysis (PARAFAC) modeling techniques for monitoring crude oil components in the water column. Four of the seven derived PARAFAC loadings were associated with the Macondo crude oil components. The other three components were associated with the dispersant, an unresolved component and colored dissolved organic matter (CDOM). The fluorescence of the associated benzene and naphthalene-like components of crude oil exhibited a maximum at ∼1200 m. The maximum fluorescence of the component associated with the dispersant (i.e., Corexit EC9500A) was observed at the same depth. The plume observed at this depth was attributed to the dispersed crude oil from the Deepwater Horizon oil spill. Results demonstrate the application of EEM and PARAFAC to simultaneously monitor selected PAH, dispersant-containing and humic-like fluorescence components in the oil spill region in the Gulf of Mexico.