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 Group II base oils export price-discount to CFR India prices widens further through March 2025 even ahead of imposition of US tariffs and slump in crude oil prices.</li><li>US Group I brightstock export price flips to rare discount to CFR India price in recent weeks.</li><li>Ongoing weakness of US export prices points to weaker-than-usual domestic demand.</li></ul>

US Group II base oils export price-discount to CFR India prices widens further through March 2025 even ahead of imposition of US tariffs and slump in crude oil prices.US Group I brightstock export price flips to rare discount to CFR India price in recent weeks.Ongoing weakness of US export prices points to weaker-than-usual domestic demand.

Global base oils arb outlook: Week of 7 April

<ul><li>Asia’s base oils prices resume rise versus feedstock/gasoil prices.</li><li>Rising margins point to still-firm supply-demand fundamentals at start of Q2 2025.</li><li>That dynamic could change in coming weeks if economic growth slows, compounding typical seasonal dip in demand from end of second quarter.</li></ul>

Asia’s base oils prices resume rise versus feedstock/gasoil prices.Rising margins point to still-firm supply-demand fundamentals at start of Q2 2025.That dynamic could change in coming weeks if economic growth slows, compounding typical seasonal dip in demand from end of second quarter.

Asia base oils supply outlook: Week of 7 April

<ul><li>Asia’s base oils demand could fall in face of slumping crude oil prices and concern about slower-than-expected economic growth in the region.</li><li>Concern about weaker demand cuts fundamentals-related support that could cushion against impact of falling crude oil prices.</li><li>Concern about more muted demand and expected improvement in base oils supply in coming weeks would contrast with increasingly high base oils margins caused by lower crude oil prices.</li></ul>

Asia’s base oils demand could fall in face of slumping crude oil prices and concern about slower-than-expected economic growth in the region.Concern about weaker demand cuts fundamentals-related support that could cushion against impact of falling crude oil prices.Concern about more muted demand and expected improvement in base oils supply in coming weeks would contrast with increasingly high base oils margins caused by lower crude oil prices.

Asia base oils demand outlook: Week of 7 April

<ul><li>US base oils export price-discount to US domestic prices stays narrower in Q1 2025 vs year-earlier.</li><li>Narrower export price-discount points to more manageable supply surplus at end-2024 and early this year, when domestic demand faced seasonal slowdown.</li><li>More manageable supply surplus follows firm export volumes through H2 2024 and early this year.</li></ul>

US base oils export price-discount to US domestic prices stays narrower in Q1 2025 vs year-earlier.Narrower export price-discount points to more manageable supply surplus at end-2024 and early this year, when domestic demand faced seasonal slowdown.More manageable supply surplus follows firm export volumes through H2 2024 and early this year.

Global base oils arb outlook: Week of 31 March

<ul><li>Global base oils prices slip relative to firmer feedstock/competing fuel prices.</li><li>Base oils margins in most markets remain at levels that point to balanced-to-tight supply-demand fundamentals, incentivizing refiners to maintain higher output.</li><li>FOB Asia base oils prices fall vs gasoil prices.</li></ul>

Global base oils prices slip relative to firmer feedstock/competing fuel prices.Base oils margins in most markets remain at levels that point to balanced-to-tight supply-demand fundamentals, incentivizing refiners to maintain higher output.FOB Asia base oils prices fall vs gasoil prices.

Global base oils margins outlook: Week of 31 March

India

Indian Oil Corporation Limited explores for and refines crude oil, in addition to manufacturing petroleum & petroleum products. The Company's products include lubricating oils, liquid petroleum gas, aviation turbine fuels, greases, wax, bitumen and asphalt. Indian Oil Corporation has retail outlets throughout India. The greatest majority shareholding in the Company is held by Indian Government.

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

Indian Oil Corp (IOCL IN)

Global base oils arb outlook: Week of 7 April

US Group II base oils export price-discount to CFR India prices widens further through March 2025 even ahead of imposition of US tariffs and slump...

Base Oil News

Asia base oils supply outlook: Week of 7 April

Asia’s base oils prices resume rise versus feedstock/gasoil prices. Rising margins point to still-firm supply-demand fundamentals at start of Q2...

Base Oil News

Asia base oils demand outlook: Week of 7 April

Asia’s base oils demand could fall in face of slumping crude oil prices and concern about slower-than-expected economic growth in the...

Base Oil News

Global base oils arb outlook: Week of 31 March

US base oils export price-discount to US domestic prices stays narrower in Q1 2025 vs year-earlier. Narrower export price-discount points to more...

Base Oil News

Global base oils margins outlook: Week of 31 March

Global base oils prices slip relative to firmer feedstock/competing fuel prices. Base oils margins in most markets remain at levels that point to...

Base Oil News

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)