Market Topics

The global supply crisis has put base oil distributors in difficult positions.

Why Routes to Market Matter

September 7, 2026

Strategic decisions about how and where to supply finished products can greatly affect a company’s success.

September Base Oil Report

September 7, 2026

Gabriela Wheeler looks hard for good news in the base oil market.

With the API Group III base oil segment seeing little relief in terms of supply levels, it was not surprising that yet another producer implemented a ...

The Strait of Hormuz, the lynchpin to many global base oil markets, remains closed to all but a handful of vessels deemed “friendly” by the Islami ...

Base oil spot values in Asia have reached a turning point in that prices for most grades—with the exception of API Group III cuts and bright stock†...

Excel Paralubes communicated a posted price increase, following similar initiatives by other base oil producers since the beginning of the month. The ...

The Iranian war has become a prolonged impasse with each side making claims on successes in the ongoing operations, all of which are being disputed by ...

Global availability of base oils remained constrained because of reduced flows from the Middle East and the impossibility of getting shipments through ...

Calumet and Chevron joined several other base oil producers who communicated posted price increases in August. The markups were driven by a very tight ...

In the Middle East, still no clear progress toward the reopening of the Strait of Hormuz. Statements continue that Iran is negotiating a deal with Oma ...

With the United States-Iran conflict largely unresolved, the war-related conditions that have caused so much turmoil in crude oil and base oil markets ...

According to reports, ExxonMobil and HF Sinclair announced posted price increases on the heels of several initiatives by other producers last week in ...

The Middle East situation becomes less clear as each week passes, thanks to conflicting information issuing from Washington and Tehran.

August Base Oil Report

August 10, 2026

The Light at the End of the Tunnel Will the fragile ceasefire between the United States and Iran hold? Will crude oil and base oil shipments from t ...

With crude oil supply uncertainties and Middle East shipping disruptions still plaguing the market, API Group I spot trading was almost at a standstil ...

Motiva, SK Enmove and Avista Oil announced posted price increases, driven by tight global availability of Group II+ and Group III base oils and recent ...

The exchange of military attacks between the United States and Iran was paused, at least temporarily, as U.S. president Donald Trump — urged by Saud ...

Market attention partly turned to events happening closer to home than the Middle East conflict this week, as a tropical storm threatened to disrupt r ...

United States President Donald Trump ordered a cessation over the weekend to the bombing program going on against Iran the past couple weeks. Counter ...