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>Asia’s heavy-grade base oils prices hold firm versus feedstock/gasoil prices.</li><li>Asia’s Group II light-grade prices slip vs feedstock/gasoil prices faster than heavy grades and faster than Group I light grades.</li><li>Supply-demand fundamentals likely to improve for light and heavy grades in coming weeks as plant maintenance draws to a close and demand slows.</li></ul>

Asia’s heavy-grade base oils prices hold firm versus feedstock/gasoil prices.Asia’s Group II light-grade prices slip vs feedstock/gasoil prices faster than heavy grades and faster than Group I light grades.Supply-demand fundamentals likely to improve for light and heavy grades in coming weeks as plant maintenance draws to a close and demand slows.

Asia base oils supply outlook: Week of 19 May

<ul><li>Asia’s base oils demand could see earlier-than-usual seasonal slowdown in face of weak lube consumption and improving supply.</li><li>Asia’s lube demand falls at end-Q1 2025 from year-earlier levels.</li><li>Demand weakness shows signs of extending into Q2 2025 as uncertainty about US tariffs compounds signs of slowing economic growth.</li></ul>

Asia’s base oils demand could see earlier-than-usual seasonal slowdown in face of weak lube consumption and improving supply.Asia’s lube demand falls at end-Q1 2025 from year-earlier levels.Demand weakness shows signs of extending into Q2 2025 as uncertainty about US tariffs compounds signs of slowing economic growth.

Asia base oils demand outlook: Week of 19 May

<ul><li>Global base oils prices mostly extend rise vs feedstock/competing fuel prices.</li><li>Sustained price-strength for most grades points to tight supply-demand fundamentals.</li><li>Price-strength incentivizes refiners to maintain or raise output.</li></ul>

Global base oils prices mostly extend rise vs feedstock/competing fuel prices.Sustained price-strength for most grades points to tight supply-demand fundamentals.Price-strength incentivizes refiners to maintain or raise output.

Global base oils margins outlook: Week of 12 May

<ul><li>Asia’s Group II base oils prices hold in relatively narrow range relative to US export prices, especially for heavy grades.</li><li>Steady price levels leave arbitrage from Asia to Americas hard to work, pointing to limited surplus supply.</li><li>US Group II light-grade export prices hold in narrow range or strengthen relative to CFR India prices since start of Q2 2025.</li></ul>

Asia’s Group II base oils prices hold in relatively narrow range relative to US export prices, especially for heavy grades.Steady price levels leave arbitrage from Asia to Americas hard to work, pointing to limited surplus supply.US Group II light-grade export prices hold in narrow range or strengthen relative to CFR India prices since start of Q2 2025.

Global base oils arb outlook: Week of 12 May

<ul><li>Asia’s base oils prices hold firm vs feedstock/gasoil prices, especially for heavy grades.</li><li>Price-strength suggests supply-tightness continues to outweigh weaker-than-expected demand.</li><li>That dynamic could ease as weak demand cushions impact of recent/ongoing plant maintenance, speeds up refiners’ stock-replenishment once plants resume operations.</li></ul>

Asia’s base oils prices hold firm vs feedstock/gasoil prices, especially for heavy grades.Price-strength suggests supply-tightness continues to outweigh weaker-than-expected demand.That dynamic could ease as weak demand cushions impact of recent/ongoing plant maintenance, speeds up refiners’ stock-replenishment once plants resume operations.

Asia base oils supply outlook: Week of 12 May

Taiwan

Formosa Petrochemical Corp. refines crude oil and markets petroleum and petrochemical products.  The Company operates refineries and naphtha cracking plants that provide products such as gasoline, diesel, jet fuel, fuel oil, naphtha, ethylene, and liquefied petroleum gas.  FPCC also owns three utility centers and generates electricity.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Formosa Petrochemical (6505 TT)

Asia base oils supply outlook: Week of 19 May

Asia’s heavy-grade base oils prices hold firm versus feedstock/gasoil prices. Asia’s Group II light-grade prices slip vs feedstock/gasoil prices...

Base Oil News

Asia base oils demand outlook: Week of 19 May

Asia’s base oils demand could see earlier-than-usual seasonal slowdown in face of weak lube consumption and improving supply. Asia’s lube demand...

Base Oil News

Global base oils margins outlook: Week of 12 May

Global base oils prices mostly extend rise vs feedstock/competing fuel prices. Sustained price-strength for most grades points to tight...

Base Oil News

Global base oils arb outlook: Week of 12 May

Asia’s Group II base oils prices hold in relatively narrow range relative to US export prices, especially for heavy grades. Steady price levels...

Base Oil News

Asia base oils supply outlook: Week of 12 May

Asia’s base oils prices hold firm vs feedstock/gasoil prices, especially for heavy grades. Price-strength suggests supply-tightness continues to...

Base Oil News

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)