Weekly Asia Base Oil Price Reports

Markets were on edge this week, expecting several developments to become turning points in the United States-Israel-Iran conflict, allow for a reopeni ...

While softer demand was exerting downward pressure on base oil prices, high crude oil and feedstock values and ongoing supply restrictions were buoyin ...

Steep crude oil and feedstock values continued to exert upward pressure on base oil prices. Crude oil and diesel hovered at elevated levels despite Un ...

With the turmoil in the Middle East worsening this week after Iran-backed Houthi rebels attacked Saudi Arabia’s Riyadh airport, killing 12 people an ...

Spot base oil prices underwent few fluctuations during the week on muted trading as participants seemed to take a pause to assess the market situation ...

Compared to earlier in the Iran conflict, base oil supply and demand fundamentals were more balanced in Asia, with the exception of API Group III grad ...

Spot base oil prices were steady-to-firm in Asia this week, with the recent downward trend observed in API Group I and Group II segments stymied by co ...

The downward base oil price trend triggered by growing supply levels in Asia along with lackluster demand was partly stalled by climbing crude oil and ...

Mounting supplies and wavering demand continued to place downward pressure on API Group I and Group II prices in Asia, but the trend was tempered by o ...

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†...

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

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 ...

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

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 ...

The Strait of Hormuz remained effectively closed despite a pause in hostilities between the United States and Iran. Further disruptions could be trigg ...

Base oil prices in Asia appeared to have reached an inflection point, as the market was transitioning from a uniform, upward trajectory to fragmented, ...

Despite the fact that roughly 20% of the world’s crude oil flows are still trapped in the Persian Gulf as the war in Iran is still unresolved and th ...

The Iran war has mutated into a tenuous indefinite ceasefire, although tensions remained high, with the United States upholding its naval blockade on ...

Trading was somewhat subdued and base oil prices experienced a reprieve as various holidays, including Golden Week, Literary Day, Coronation Day and L ...