Weekly Base Oil Price Reports

Weekly U.S. Base Oil Report

October 16, 2024

Lengthening supplies and flat demand seemed to be the main factors affecting base oil prices, although not all grades displayed the same conditions. M ...

While there was a moderate uptick in base oil buying interest in some countries in Asia, many buyers remained cautious because prices seemed to be pul ...

Escalating tensions in the Middle East and fresh evacuations of oil infrastructure in the Gulf of Mexico as Hurricane Milton barreled towards Florida ...

This report continues to collate information and activities regarding base oil trading and supply, but important geopolitical activities in the Middle ...

Just like base oil consumers and suppliers in the United States built additional inventories ahead of the hurricane season in case of weather-related ...

Israel on Tuesday launched a ground invasion into southern Lebanon, another significant expansion of its war with Hamas in Palestine’s Gaza Strip.

Base oil prices continued to be pulled in different directions in Asia, depending on supply and demand fundamentals and prospects of a seasonal uptick ...

Hurricane Helene pummeled Florida and other Southeastern states late last week, with strong winds and torrential rains causing devastating floods and ...

Two API Group I producers joined the growing band of suppliers who have cut posted prices since the beginning of the month. No Group I suppliers had a ...

The Lube Expo trade show was held last week in Dusseldorf, Germany, attracting companies from almost every part of the lubricants industry, from base ...

The base oils market appeared to be going through a transitional period, with buyers assessing future product needs and waiting for more definitive si ...

More base oil producers announced base oil price decreases during the week. Among paraffinic producers, SK Enmove informed customers of a further post ...

As base oil markets settle down following the summer break, pricing is becoming more varied depending on base oil type and, ultimately, availability a ...

Many expected buying activity to improve over the next few weeks. But sluggish lubricant demand, falling crude oil and feedstock prices, severe region ...

Participants were keeping an eye on a tropical depression developing in the Gulf of Mexico. The National Hurricane Center anticipated the storm to bec ...

With base oil market players returning to work last week, there was buyer interest in all types of oils. Many buyers were looking for quantities of AP ...

Base oil markets in Asia appeared to be in a holding pattern, as many buyers preferred to delay fresh purchases until a clearer price direction emerge ...

Motiva stepped out with a posted price decrease late last week, which was quickly followed by a number of similar initiatives from other suppliers. Ex ...

Base oil markets seemed to reopen for business this week as your columnist was bombarded Monday with calls, messages and emails – from early morning ...

Base oil activity was still fairly subdued in Asia, even though September and October shipment discussions should have been in full swing. Some partic ...