These particular adjustments follow a full round of price moves recently completed for Group I and II oils. Since news of increased prices began to reach the market in the earlier part of February, some players believe Group III postings will be excluded from this round of price hikes. Their suspicions are based largely on the premise that availability of high-end base oils is ample.
Get alerts when new Sustainability Blog articles are available.
Historic U.S. posted base oil prices and WTI and Brent crude spot prices are available for purchase in Excel format.