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>Domestic China Group II light-grade price-premium to Shandong diesel extended its rise in January, climbing to the highest in more than four years.</li><li>The rising price-premium pointed to firm supply-demand fundamentals and signs of stock-building ahead of Lunar New Year holidays in the second half of February.</li><li>The firm margins incentivized domestic refiners to maintain higher operating rates, adding to domestic supply.</li></ul>

Domestic China Group II light-grade price-premium to Shandong diesel extended its rise in January, climbing to the highest in more than four years.The rising price-premium pointed to firm supply-demand fundamentals and signs of stock-building ahead of Lunar New Year holidays in the second half of February.The firm margins incentivized domestic refiners to maintain higher operating rates, adding to domestic supply.

Asia/China Base Oil Margins: Market Signals and Trade Implications

<ul><li>Large cargo with combination of light and heavy-grade Group II base oils loads from Taiwan this week, with size of shipment suggesting India is likely destination.</li><li>Cargo adds to steady flow of shipments in January, keeping Taiwan’s monthly exports high, with heavy grades accounting for a larger share.</li></ul>

Large cargo with combination of light and heavy-grade Group II base oils loads from Taiwan this week, with size of shipment suggesting India is likely destination.Cargo adds to steady flow of shipments in January, keeping Taiwan’s monthly exports high, with heavy grades accounting for a larger share.

Global Base Oils Cargo Flows: Week To 23 January

<ul><li>More Group II cargoes load from Taiwan before heading to southeast Asia</li><li>Cargo loads from South Korea bound for US, following slowdown in such flows</li><li>Several US cargoes set to reach Nigeria in coming week</li></ul>

More Group II cargoes load from Taiwan before heading to southeast AsiaCargo loads from South Korea bound for US, following slowdown in such flowsSeveral US cargoes set to reach Nigeria in coming week

Global Base Oils Cargo Flows: Week To 16 January

<ul>
<li>Wave of cargoes load from Taiwan since start of January, with a larger share of the shipments consisting of heavy grades.</li>
<li>Large cargo from Taiwan heads to India, set to arrive next week.</li>
<li>Cargo loads from Taiwan at end-Dec 2025 before heading to Europe, set to arrive in early-Feb 2026.</li>
</ul>


Wave of cargoes load from Taiwan since start of January, with a larger share of the shipments consisting of heavy grades.
Large cargo from Taiwan heads to India, set to arrive next week.
Cargo loads from Taiwan at end-Dec 2025 before heading to Europe, set to arrive in early-Feb 2026.


Global Base Oils Cargo Flows: Week To 9 January

<ul><li>Asia’s base oils prices extend steep fall vs gasoil prices.</li><li>Weaker outright prices compound the drop.</li><li>Sliding price-differentials, combined with increasingly firm diesel premium to crude oil, increase pressure on refiners to adjust output in response.</li></ul>

Asia’s base oils prices extend steep fall vs gasoil prices.Weaker outright prices compound the drop.Sliding price-differentials, combined with increasingly firm diesel premium to crude oil, increase pressure on refiners to adjust output in response.

Asia base oils supply outlook: Week of 10 November

Thailand

IRPC is a leading integrated petroleum and petrochemical company, operating the first fully integrated petrochemical complex in Southeast Asia. It refines oil and produces petrochemical products, including various plastic resins, olefins, aromatics, lubricants, and asphalt, serving diverse industries. The company's operations are primarily located in Rayong Province, Thailand, and it was founded in 1978.

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IRPC (IRPC-R TB)

Asia/China Base Oil Margins: Market Signals and Trade Implications

Domestic China Group II light-grade price-premium to Shandong diesel extended its rise in January, climbing to the highest in more than four...

Base Oil News

Global Base Oils Cargo Flows: Week To 23 January

Large cargo with combination of light and heavy-grade Group II base oils loads from Taiwan this week, with size of shipment suggesting India is...

Base Oil News

Global Base Oils Cargo Flows: Week To 16 January

More Group II cargoes load from Taiwan before heading to southeast. Asia.Cargo loads from South Korea bound for US, following slowdown in such flows

Base Oil News

Global Base Oils Cargo Flows: Week To 9 January

Wave of cargoes load from Taiwan since start of January, with a larger share of the shipments consisting of heavy grades. Large cargo from Taiwan...

Base Oil News

Asia base oils supply outlook: Week of 10 November

Asia’s base oils prices extend steep fall vs gasoil prices. Weaker outright prices compound the drop. Sliding price-differentials, combined with...

Base Oil News

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