Global Editor, Base Oil News

Iain Pocock

Global Editor

Global Base Oils and Lubricants Markets

Base Oil News

Base Oil News focuses on the interplay between fundamentals and prices in the global base oils and lubricants markets.

Baseoilnews.com combines daily, weekly and monthly base oils and lubes fundamentals data from every region of the world to build the most comprehensive and up-to-date global picture of the state of the market.

The data and analysis provide key tools to understand current market developments and opportunities and to anticipate how the market is likely to behave in the coming months.

Base oils producers, lube blenders and consumers can then better plan accordingly.

Baseoilnews.com analyses and publishes market news and data every day as it breaks.

Commodities

<ul><li>US base oils price premium to VGO/heating oil prices holds steadier after surging in H1 April 2025.</li><li>Firmer margins and steady prices coincide with signs of slowdown in shipments to markets like West Africa in April 2025.</li><li>Firmer margins and steadier prices coincide with steadier US Group II price discount to imported cargo prices in markets like India.</li></ul>

US base oils price premium to VGO/heating oil prices holds steadier after surging in H1 April 2025.Firmer margins and steady prices coincide with signs of slowdown in shipments to markets like West Africa in April 2025.Firmer margins and steadier prices coincide with steadier US Group II price discount to imported cargo prices in markets like India.

Americas/EMEA base oils supply outlook: Week of 28 April

<ul><li>US base oil demand likely to stay cautious amid persistent uncertainty about outlook for economy and costs.</li><li>Base oils prices hold steady even with lower feedstock prices in April 2025.</li><li>Lower feedstock prices raise concern about exposure to lower base oils prices, incentivizing buyers to hold back.</li></ul>

US base oil demand likely to stay cautious amid persistent uncertainty about outlook for economy and costs.Base oils prices hold steady even with lower feedstock prices in April 2025.Lower feedstock prices raise concern about exposure to lower base oils prices, incentivizing buyers to hold back.

Americas/EMEA base oils demand outlook: Week of 28 April

<ul><li>Global base oils prices stay firm vs feedstock/competing fuel prices.</li><li>Firm base oils margins point to tight supply and strong demand.</li><li>Firm base oils margins incentivize refiners to raise base oils output.</li></ul>

Global base oils prices stay firm vs feedstock/competing fuel prices.Firm base oils margins point to tight supply and strong demand.Firm base oils margins incentivize refiners to raise base oils output.

Global base oils margins outlook: Week of 21 April

<ul><li>Asia’s Group II base oils prices hold firm relative to prices in regional markets like northeast Asia so far this year.</li><li>Asia’s Group II base oils prices hold firm relative to prices in more distant markets like Americas so far this year.</li><li>Asia’s firm prices complicate arbitrage, reflecting tighter-than-usual regional supply late last year and in early-2025.</li></ul>

Asia’s Group II base oils prices hold firm relative to prices in regional markets like northeast Asia so far this year.Asia’s Group II base oils prices hold firm relative to prices in more distant markets like Americas so far this year.Asia’s firm prices complicate arbitrage, reflecting tighter-than-usual regional supply late last year and in early-2025.

Global base oils arb outlook: Week of 21 April

<ul><li>US domestic Group II base oils price premium to feedstock prices holds at more elevated levels.</li><li>Firm base oils margins incentivize refiners to maintain higher production levels.</li><li>Outright US domestic Group II prices fall in April 2025, at a time of year when prices typically hold steady or rise.</li></ul>

US domestic Group II base oils price premium to feedstock prices holds at more elevated levels.Firm base oils margins incentivize refiners to maintain higher production levels.Outright US domestic Group II prices fall in April 2025, at a time of year when prices typically hold steady or rise.

Americas/EMEA base oils supply outlook: Week of 21 April

Belgium

Azelis Group NV wholesales and distributes chemicals. The Company offers chemicals, food ingredients, auxiliary materials, and a wide range of additives. Azelis Group serves customers worldwide.

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Azelis Group NV (AZE BB)

Americas/EMEA base oils supply outlook: Week of 28 April

US base oils price premium to VGO/heating oil prices holds steadier after surging in H1 April 2025. Firmer margins and steady prices coincide with...

Base Oil News

Americas/EMEA base oils demand outlook: Week of 28 April

US base oil demand likely to stay cautious amid persistent uncertainty about outlook for economy and costs. Base oils prices hold steady even with...

Base Oil News

Global base oils margins outlook: Week of 21 April

Global base oils prices stay firm vs feedstock/competing fuel prices. Firm base oils margins point to tight supply and strong demand. Firm base...

Base Oil News

Global base oils arb outlook: Week of 21 April

Asia’s Group II base oils prices hold firm relative to prices in regional markets like northeast Asia so far this year. Asia’s Group II base oils...

Base Oil News

Americas/EMEA base oils supply outlook: Week of 21 April

US domestic Group II base oils price premium to feedstock prices holds at more elevated levels. Firm base oils margins incentivize refiners to...

Base Oil News

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