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>Cargo of light and heavy-grade Group II base oils loaded from Taiwan in recent days before heading to Indonesia, set to arrive next week.</li><li>Taiwan’s base oils exports in first-half May remained lower than during the same period in March and April.</li><li>Singapore took delivery in the past week of a large shipment from northwest Europe that set off from that market in first-half March.</li></ul>

Cargo of light and heavy-grade Group II base oils loaded from Taiwan in recent days before heading to Indonesia, set to arrive next week.Taiwan’s base oils exports in first-half May remained lower than during the same period in March and April.Singapore took delivery in the past week of a large shipment from northwest Europe that set off from that market in first-half March.

Global Base Oils Cargo Flows: Week To 15 May

<ul><li>March base oils and lubricants demand surged across Asia, Europe and the US — accelerating stockbuilding, tightening balances and deferring the supply reckoning into Q2</li><li>Japan, Thailand and Southeast Asia absorbed available supply through accelerated buying — leaving refiners with depleted inventories despite higher output and exports</li><li>Asia's March exports hit a three-year high, absorbing regional surplus and keeping markets balanced — but disruptions since late February have flipped concern from oversupply to tightening</li></ul>

March base oils and lubricants demand surged across Asia, Europe and the US — accelerating stockbuilding, tightening balances and deferring the supply reckoning into Q2Japan, Thailand and Southeast Asia absorbed available supply through accelerated buying — leaving refiners with depleted inventories despite higher output and exportsAsia's March exports hit a three-year high, absorbing regional surplus and keeping markets balanced — but disruptions since late February have flipped concern from oversupply to tightening

Base Oils and Lubricants: Weekly Global Market Review - 8 May '26

<ul><li>Cargo of Group II light and heavy grades loaded from Taiwan in early May before heading to Singapore, set to arrive early next week.</li><li>Cargo loadings from Taiwan in early May remained below levels in the first ten days of April.</li><li>Singapore took delivery in the past week of the first cargo from Saudi Arabia since November 2025.</li></ul>

Cargo of Group II light and heavy grades loaded from Taiwan in early May before heading to Singapore, set to arrive early next week.Cargo loadings from Taiwan in early May remained below levels in the first ten days of April.Singapore took delivery in the past week of the first cargo from Saudi Arabia since November 2025.

Global Base Oils Cargo Flows: Week To 8 May

<ul><li>Cargo of Group II base oils loaded from Taiwan in past week before heading to China.</li><li>Taiwan’s total exports slowed markedly in second-half April, leaving the full-month volume well below March levels.</li><li>Small cargo of Group II heavy grades set to load from Taiwan in early May, with Southeast Asia the likely destination.</li></ul>

Cargo of Group II base oils loaded from Taiwan in past week before heading to China.Taiwan’s total exports slowed markedly in second-half April, leaving the full-month volume well below March levels.Small cargo of Group II heavy grades set to load from Taiwan in early May, with Southeast Asia the likely destination.

Global Base Oils Cargo Flows: Week To 30 April

<ul><li>Asia's strong Q1 demand absorbed available supply, limiting restocking capacity heading into the second quarter</li><li>South Korea's elevated March output and exports met peak demand — but maintenance and fuel prioritisation pointed to a marked Q2 slowdown</li><li>Taiwan and South Korean flows slowed in April, pointing to that slowdown feeding through</li></ul>

Asia's strong Q1 demand absorbed available supply, limiting restocking capacity heading into the second quarterSouth Korea's elevated March output and exports met peak demand — but maintenance and fuel prioritisation pointed to a marked Q2 slowdownTaiwan and South Korean flows slowed in April, pointing to that slowdown feeding through

Base Oils and Lubricants: Weekly Global Market Review - 30 Apr '26

United Kingdom

BP is a British multinational energy company engaged in the exploration, production, refining, transportation, and marketing of oil and natural gas. It also invests in low-carbon energy solutions such as wind, solar, and hydrogen, and offers products like fuels, lubricants, and petrochemicals. The company is headquartered in London, England, and was founded in 1909.

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Global Base Oils Cargo Flows: Week To 15 May

Cargo of light and heavy-grade Group II base oils loaded from Taiwan in recent days before heading to Indonesia, set to arrive next week. Taiwan’s...

Base Oil News

Base Oils and Lubricants: Weekly Global Market Review - 8 May '26

March base oils and lubricants demand surged across Asia, Europe and the US — accelerating stockbuilding, tightening balances and deferring the...

Base Oil News

Global Base Oils Cargo Flows: Week To 8 May

Cargo of Group II light and heavy grades loaded from Taiwan in early May before heading to Singapore, set to arrive early next week. Cargo...

Base Oil News

Global Base Oils Cargo Flows: Week To 30 April

Cargo of Group II base oils loaded from Taiwan in past week before heading to China. Taiwan’s total exports slowed markedly in second-half April,...

Base Oil News

Base Oils and Lubricants: Weekly Global Market Review - 30 Apr '26

Asia's strong Q1 demand absorbed available supply, limiting restocking capacity heading into the second quarter South Korea's elevated March...

Base Oil News

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52-week Range

Market Cap (USDm)

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