Weekly Base Oil Price Reports

Even as base oil trading began returning to normal at the end to the summer holiday season, the wars in Gaza and Ukraine escalated, ramping up worries ...

Reports that suppliers granted substantial temporary voluntary allowances or adjustments (TVAs) circulated this week. There was speculation that the a ...

Suppliers have their sights set on September, hoping that the end of the rainy season in some parts of the region and the arrival of Fall in others wo ...

A large part of the base oils market has slipped into summer slumber mode, although a few suppliers reported a small pickup in orders, likely as parti ...

With August well and truly underway, many players from the base oil industry are absent, possibly for another 10-14 days of holidays.

Wavering lubricant demand dampened base oil consumption in Asia, while volatile crude oil and feedstock prices only added to the uncertainty. Base oil ...

Moving into the second week of August, the holiday month, base oil markets are exceptionally quiet with many key players missing from offices and desk ...

While base oil demand has slowed down, as most participants seemed comfortable with the inventories they have built and were holding enough product to ...

Slowing demand and plentiful supplies placed downward pressure on base oil prices in Asia, but some grades were insulated from the adjustments because ...

The base oils market has slipped into a summer slumber, with activity in downstream markets slowing and base oil orders consequently weakening. Even s ...

Markets around the Middle East – including base oil markets – are on as Israel prepares defenses against what is predicted to be a massive revenge ...

Base oils demand in Asia continued to be impacted by monsoon season in some countries, uncertainties over pricing in the coming months, crude oil and ...

Inventory-building efforts during hurricane season, steady demand from some downstream segments, recent plant outages and ongoing export business have ...

As base oil markets cool across Europe, the Middle East and Africa, many players have already left their desks, recognizing that some employees will h ...

Economic uncertainties, heavy rain and flooding in some countries in the region, coupled with a perception that the market was becoming oversupplied w ...

Following Hurricane Beryl, which made landfall on the United States Gulf Coast earlier this month, many participants have increased inventory building ...

Variations in buying attitudes are developing between different segments of base oil markets, as attitudes in some cases are tempered by availabilitie ...

Spot prices were steady to soft in Asia, as some base oil grades displayed signs of oversupply, while others remained tight. Demand has slowed down in ...

Damage caused by Hurricane Beryl was less severe than expected, although there were numerous fatalities and many homes and businesses were without pow ...

It hardly seems likely that an assassination attempt on Donald Trump could affect base oil markets in the EMEA regions, but indirectly, Saturday’s e ...