Weekly Base Oil Price Reports

Asia Base Oil Price Report

November 24, 2023

Business was starting to pick up in some countries following the celebration of the Diwali holiday, but the pace was generally muted as the approach o ...

U.S. Base Oil Price Report

November 22, 2023

Chevron and Motiva communicated posted price decreases during the week, reflecting falling crude oil and feedstock prices and softening base oil deman ...

EMEA Base Oil Price Report

November 21, 2023

Global news continues to be dominated by warring in Gaza and Ukraine, where innocent civilians are not only being killed and wounded but also face sho ...

Asia Base Oil Price Report

November 17, 2023

Base oil market activity was muted in some Asian countries due to the celebration of the Diwali festival, while in others, buyers proceeded with cauti ...

U.S. Base Oil Price Report

November 15, 2023

Lengthening supply and softening demand were some of the concerns that base oil suppliers were facing as the year-end holidays approached and business ...

EMEA Base Oil Price Report

November 14, 2023

The war between Israel and Hamas continues to have a destabilizing effect on energy markets, creating uncertainty for base oil markets throughout Euro ...

Asia Base Oil Price Report

November 10, 2023

Base oil prices were mixed in Asia this week as different factors affected each segment in a distinct way, with API Group I and Group II prices remain ...

U.S. Base Oil Price Report

November 8, 2023

Unexpected production hiccups and scheduled turnarounds have helped keep the United States base oils market fairly balanced at a time when demand has ...

EMEA Base Oil Price Report

November 7, 2023

The increasing hostilities in and around the Gaza Strip are severely disrupting base oil supply lines in the area, and lubricant blending operations i ...

Asia Base Oil Price Report

November 3, 2023

Some countries in Asia were starting to follow the typical pattern where base oil demand starts to decline towards the end of the year, while others s ...

U.S. Base Oil Price Report

November 1, 2023

While there were ongoing concerns about crude oil price volatility, the possibility that the base oils market would become oversupplied before the end ...

EMEA Base Oil Price Report

October 31, 2023

Israel’s campaign in the Palestinian territories ramped up the past week, stoking fears that the fighting could spread into a wider conflict involvi ...

Asia Base Oil Price Report

October 27, 2023

Base oil market players were somewhat relieved that crude oil futures have slipped from recent highs, but the ongoing Russian war on Ukraine and the I ...

U.S. Base Oil Price Report

October 25, 2023

Market players remained vigilant of crude oil and feedstock prices, as these were the factors most likely to influence base oil pricing in coming week ...

EMEA Base Oil Price Report

October 24, 2023

The armed conflicts in Ukraine and the Middle East are at different stages, but both are helping to push up crude oil prices. As long as they continue ...

Asia Base Oil Price Report

October 20, 2023

The upward price movement that most base oils have experienced over the last several weeks persisted in Asia, but seemed to be stalling, as supply was ...

U.S. Base Oil Price Report

October 18, 2023

Largely balanced supply and demand conditions offered support to current base oil postings in the United States, but recent volatility in crude oil an ...

EMEA Base Oil Price Report

October 17, 2023

Crude and feedstocks rallied early this week, with dated deliveries of Brent crude breaching the $90 level Monday, putting on around $3 from last week ...

Asia Base Oil Price Report

October 13, 2023

Volatility in crude oil markets triggered by the Hamas attack on Israel over the weekend added another degree of uncertainty to the base oils segment. ...

U.S. Base Oil Price Report

October 11, 2023

Base oil market participants were keeping a close eye on crude oil futures, as values jumped early this week after deadly attacks on several Israeli t ...