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Asia Base Oil Price Report

August 11, 2023

There were contrasting trends in the base oils markets in Asia, with prices for some grades edging up, some remaining unchanged, and others moving dow ...

A number of producers announced posted price increases this week on the heels of ExxonMobil’s initiative a week ago. Paulsboro, HollyFrontier, Calum ...

With the summer holiday period in full swing, base oil markets across Europe, the Middle East and Africa are exceptionally quiet, with few new dealing ...

Weaker demand in key markets and ample supplies continued to exert downward pressure on some base oil prices in Asia, but values for other grades have ...

A few participants were surprised to hear reports that ExxonMobil had communicated a posted price increase this week. The company will be raising post ...

The holiday season is officially underway in the European, Middle Eastern and African base oil markets, although many players and participants have be ...

Price uncertainties and a hazy lubricant demand outlook were keeping base oil consumers from acquiring large cargoes, as many blenders preferred to ru ...

There were contrasting views about base oils demand in the United States, with some suppliers seeing steady uptake in July, and others noticing a grad ...

If it is at all possible, base oil markets in Europe, the Middle East and Africa are slowing further, with many players – following coronavirus pand ...

Base oil buyers were reassessing their purchase strategies in view of diverging market conditions. On the one hand, weaker demand and increasing suppl ...

The base oils market continued to move at a moderate pace in the midst of a heat wave that affected large swaths of the United States. While crude oil ...

Base oil markets around Europe, the Middle East and Africa are flatlining as the August holiday season approaches, with poor demand leading to longer ...

Slowing demand and the resumption of output at a number of base oil facilities led to mounting supplies in Asia, with spot prices exposed to downward ...

The fairly muted pace seen in base oil markets over the last few weeks appeared to be heightened by summer holidays and the absence of many players du ...

Base oil markets are gearing down for the holiday period that is fast approaching. Trading across much of Europe and the Middle East will slow during ...

More moderate activity in key base oil consumer markets such as China and India continued to place downward pressure on spot prices in Asia. Regional ...

The Independence Day holiday in the United States on Tuesday, July 4, resulted in fairly muted activity in the base oils market during the week, altho ...

Base oil markets throughout Europe, the Middle East and Africa remain subdued, with much less trading than normal for this time of year and an absence ...

Base oil markets around Europe, the Middle East and Africa are somewhat lethargic, with many areas affected by holiday celebrations going on now or co ...

Base oil prices in Asia continued to be exposed to downward pressure due to declining demand and lengthening supply, with macroeconomic factors and vo ...