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>Global base oils prices mostly fall relative to feedstock/competing fuel prices, with export values under more pressure.</li><li>Even at lower levels, price-differentials mostly hold at levels that sustain incentive for refiners to maintain output of most base oils grades.</li><li>FOB Asia base oils cargo prices hold steady versus Singapore gasoil.</li></ul>

Global base oils prices mostly fall relative to feedstock/competing fuel prices, with export values under more pressure.Even at lower levels, price-differentials mostly hold at levels that sustain incentive for refiners to maintain output of most base oils grades.FOB Asia base oils cargo prices hold steady versus Singapore gasoil.

Global base oils margins outlook: Week of 4 August

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Aug 1st. The aggregated short interest is USD397m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in YTL, Gamuda, Tenaga Nasional, PPB, Cahya Mata Sarawak.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Aug 1st. The aggregated short interest is USD397m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in YTL, Gamuda, Tenaga Nasional, PPB, Cahya Mata Sarawak.


Bursa Short Interest Weekly (Aug 1st): YTL, Gamuda, Tenaga Nasional, PPB, Cahya Mata Sarawak

<ul><li>Asia’s heavy-grade base oils prices hold at elevated levels vs Singapore gasoil, even if lower than in Q2 2025.</li><li>Firm heavy-grade margins sustain incentive for refiners to maintain output, even amid signs of pick-up in surplus supplies.</li><li>Asia’s Group II heavy-grade prices hold at levels that keep open arbitrage from US and keep shut arbitrage to Americas.</li></ul>

Asia’s heavy-grade base oils prices hold at elevated levels vs Singapore gasoil, even if lower than in Q2 2025.Firm heavy-grade margins sustain incentive for refiners to maintain output, even amid signs of pick-up in surplus supplies.Asia’s Group II heavy-grade prices hold at levels that keep open arbitrage from US and keep shut arbitrage to Americas.

Asia base oils supply outlook: Week of 28 July

<ul><li>India’s imported Group I heavy neutrals base oils cargo price strengthens relative to FOB Asia and Europe prices in July 2025.</li><li>India’s rising price-differential for Group I SN 500 follows drop in availability of the supplies from Iran especially in recent months.</li><li>India’s imports of Group I heavy neutrals fall to eighteen-month low in June 2025, mostly because of drop in supplies from Middle East.</li></ul>

India’s imported Group I heavy neutrals base oils cargo price strengthens relative to FOB Asia and Europe prices in July 2025.India’s rising price-differential for Group I SN 500 follows drop in availability of the supplies from Iran especially in recent months.India’s imports of Group I heavy neutrals fall to eighteen-month low in June 2025, mostly because of drop in supplies from Middle East.

Global base oils arb outlook: Week of 28 July

<ul><li>Global base oils prices turn more mixed relative to feedstock/competing fuel prices.</li><li>Light-grade margins face more pressure in Asia than in other markets.</li><li>Dynamic boosts incentive for adjustments in output in that market, points to more balanced fundamentals in other markets.</li></ul>

Global base oils prices turn more mixed relative to feedstock/competing fuel prices.Light-grade margins face more pressure in Asia than in other markets.Dynamic boosts incentive for adjustments in output in that market, points to more balanced fundamentals in other markets.

Global base oils margins outlook: Week of 28 July

Malaysia

Petronas Chemicals Group Bhd. is a chemical company. The Company offers a diversified range of petrochemical products such as olefins, polymers, fertilisers, methanol, and other basic chemicals and derivative products.

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

Petronas Chemicals Group (PCHEM MK)

Global base oils margins outlook: Week of 4 August

Global base oils prices mostly fall relative to feedstock/competing fuel prices, with export values under more pressure. Even at lower levels,...

Base Oil News

Bursa Short Interest Weekly (Aug 1st): YTL, Gamuda, Tenaga Nasional, PPB, Cahya Mata Sarawak

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in YTL, Gamuda, Tenaga Nasional, PPB,...

Ke Yan, CFA, FRM

Asia base oils supply outlook: Week of 28 July

Asia’s heavy-grade base oils prices hold at elevated levels vs Singapore gasoil, even if lower than in Q2 2025. Firm heavy-grade margins sustain...

Base Oil News

Global base oils arb outlook: Week of 28 July

India’s imported Group I heavy neutrals base oils cargo price strengthens relative to FOB Asia and Europe prices in July 2025. India’s rising...

Base Oil News

Global base oils margins outlook: Week of 28 July

Global base oils prices turn more mixed relative to feedstock/competing fuel prices. Light-grade margins face more pressure in Asia than in other...

Base Oil News

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)