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>Group II cargo-loadings from Taiwan pause in past week, after a surge in shipments in Dec 2025 and Jan 2026.</li><li>Several large cargoes loaded from Taiwan in H2 Jan 2026 before heading to India, with first shipment set to arrive in the coming days.</li><li>Singapore took delivery of another cargo from China in the past week, extending for a third straight week a wave of shipments from that market.</li></ul>

Group II cargo-loadings from Taiwan pause in past week, after a surge in shipments in Dec 2025 and Jan 2026.Several large cargoes loaded from Taiwan in H2 Jan 2026 before heading to India, with first shipment set to arrive in the coming days.Singapore took delivery of another cargo from China in the past week, extending for a third straight week a wave of shipments from that market.

Global Base Oils Cargo Flows: Week To 6 February

<ul><li>Several more large cargoes of Group II base oils load from Taiwan in late-Jan 2026, boosting, keeping total shipments unusually high for a second month.</li><li>Large cargo loaded last week from Taiwan bound for India, set to arrive in H2 Feb 2026.</li><li>Singapore takes delivery of unusually large cargo from Netherlands in past week, even with healthy regional availability of supply.</li></ul>

Several more large cargoes of Group II base oils load from Taiwan in late-Jan 2026, boosting, keeping total shipments unusually high for a second month.Large cargo loaded last week from Taiwan bound for India, set to arrive in H2 Feb 2026.Singapore takes delivery of unusually large cargo from Netherlands in past week, even with healthy regional availability of supply.

Global Base Oils Cargo Flows: Week To 30 January

<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

China

PetroChina is a Chinese oil and gas company engaged in the exploration, development, production, transportation, and marketing of crude oil and natural gas, as well as new energy operations. It also refines crude oil and petroleum products, produces and markets petrochemical products, and sells natural gas. The company was founded on November 5, 1999, and is headquartered in Beijing, China.

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PetroChina (857 HK)

Global Base Oils Cargo Flows: Week To 6 February

Group II cargo-loadings from Taiwan pause in past week, after a surge in shipments in Dec 2025 and Jan 2026. Several large cargoes loaded from...

Base Oil News

Global Base Oils Cargo Flows: Week To 30 January

Several more large cargoes of Group II base oils load from Taiwan in late-Jan 2026, boosting, keeping total shipments unusually high for a second...

Base Oil News

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

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