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 base oils demand could turn more cautious amid improving availability of supply.</li><li>Rising supply gives buyers more flexibility to procure smaller volumes more frequently.</li><li>Rising supply raises concern about exposure to price-volatility, adding to attraction of managing stocks carefully.</li></ul>

Asia’s base oils demand could turn more cautious amid improving availability of supply.Rising supply gives buyers more flexibility to procure smaller volumes more frequently.Rising supply raises concern about exposure to price-volatility, adding to attraction of managing stocks carefully.

Asia base oils demand outlook: Week of 29 September

<ul><li>Global base oils margins mostly hold at levels that sustain incentive for refiners to maintain high output.</li><li>Incentive for refiners to maintain high output puts pressure on global demand to remain sufficiently firm to absorb steady-to-higher supply.</li><li>Pressure on demand to hold firm coincides with time of year when demand typically starts to ease.</li></ul>

Global base oils margins mostly hold at levels that sustain incentive for refiners to maintain high output.Incentive for refiners to maintain high output puts pressure on global demand to remain sufficiently firm to absorb steady-to-higher supply.Pressure on demand to hold firm coincides with time of year when demand typically starts to ease.

Global base oils margins outlook: Week of 22 September

<ul><li>Asia’s Group II base oils prices stay firm relative to feedstock and gasoil prices.</li><li>Firm margins point to still-balanced-to-tight fundamentals, sustaining incentive for refiners to maintain high output.</li><li>Margins hold firm despite scant scheduled plant-maintenance work and expected start-up of new production and shipments in coming weeks.</li></ul>

Asia’s Group II base oils prices stay firm relative to feedstock and gasoil prices.Firm margins point to still-balanced-to-tight fundamentals, sustaining incentive for refiners to maintain high output.Margins hold firm despite scant scheduled plant-maintenance work and expected start-up of new production and shipments in coming weeks.

Asia base oils supply outlook: Week of 22 September

<ul><li>Europe’s Group II base oils prices maintain steep premium to FOB US and FOB Asia export prices.</li><li>Europe’s Group II base oils prices also maintain steep premium to US domestic prices.</li><li>Europe’s steep Group II base oils price-premium to other regions boosts attraction of moving more shipments to the region.</li></ul>

Europe’s Group II base oils prices maintain steep premium to FOB US and FOB Asia export prices.Europe’s Group II base oils prices also maintain steep premium to US domestic prices.Europe’s steep Group II base oils price-premium to other regions boosts attraction of moving more shipments to the region.

Global base oils arb outlook: Week of 22 September

<ul><li>Asia’s base oils demand could turn more cautious amid signs of healthy availability and unusual change in trade flows.</li><li>Limited build-up of surplus supplies so far in Q3 2025 had eased concern about price-volatility, supporting steadier demand.</li><li>Buyers could instead limit their procurement plans amid unusual surge in Singapore’s base oils exports to southeast Asia in recent weeks.</li></ul>

Asia’s base oils demand could turn more cautious amid signs of healthy availability and unusual change in trade flows.Limited build-up of surplus supplies so far in Q3 2025 had eased concern about price-volatility, supporting steadier demand.Buyers could instead limit their procurement plans amid unusual surge in Singapore’s base oils exports to southeast Asia in recent weeks.

Asia base oils demand outlook: Week of 22 September

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)

Asia base oils demand outlook: Week of 29 September

Asia’s base oils demand could turn more cautious amid improving availability of supply. Rising supply gives buyers more flexibility to procure...

Base Oil News

Global base oils margins outlook: Week of 22 September

Global base oils margins mostly hold at levels that sustain incentive for refiners to maintain high output. Incentive for refiners to maintain...

Base Oil News

Asia base oils supply outlook: Week of 22 September

Asia’s Group II base oils prices stay firm relative to feedstock and gasoil prices. Firm margins point to still-balanced-to-tight fundamentals,...

Base Oil News

Global base oils arb outlook: Week of 22 September

Europe’s Group II base oils prices maintain steep premium to FOB US and FOB Asia export prices. Europe’s Group II base oils prices also maintain...

Base Oil News

Asia base oils demand outlook: Week of 22 September

Asia’s base oils demand could turn more cautious amid signs of healthy availability and unusual change in trade flows. Limited build-up of surplus...

Base Oil News

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)