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.

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Commodities

<ul><li>Cargo with a combination of light and heavy Group II base oils set to load from Taiwan in the coming days, with China the likely destination.</li><li>Cargo is the first in second-half April, amid a sharp slowdown in flows compared with first-half April.</li><li>Large cargo loaded from Taiwan in early April before heading to India, set to arrive in the coming days.</li></ul>

Cargo with a combination of light and heavy Group II base oils set to load from Taiwan in the coming days, with China the likely destination.Cargo is the first in second-half April, amid a sharp slowdown in flows compared with first-half April.Large cargo loaded from Taiwan in early April before heading to India, set to arrive in the coming days.

Global Base Oils Cargo Flows: Week To 24 April

<ul><li>Pace of cargo loadings from Taiwan slowed in the past week, with most of this month’s shipments bound for India and Southeast Asia.</li><li>Two cargoes of Group II base oils loaded from Taiwan in early April before heading to India, set to arrive in the coming days.</li><li>Singapore took delivery of a large shipment from the Netherlands, that was likely arranged before the supply disruptions from end-February.</li></ul>

Pace of cargo loadings from Taiwan slowed in the past week, with most of this month’s shipments bound for India and Southeast Asia.Two cargoes of Group II base oils loaded from Taiwan in early April before heading to India, set to arrive in the coming days.Singapore took delivery of a large shipment from the Netherlands, that was likely arranged before the supply disruptions from end-February.

Global Base Oils Cargo Flows: Week To 17 April

<ul><li>Asia's March export surge deferred the impact of supply disruptions into the second quarter, but masking underlying shifts in trade flows</li><li>Singapore's exports held near a one-year low in the month to 15 April with volatile weekly flows and lower run rates pointing to tightening supply</li><li>South Korea's March exports hit a five-month high, partly covering lost Middle East Group III flows to the US, but cargo loadings showed signs of slowing in April</li></ul>

Asia's March export surge deferred the impact of supply disruptions into the second quarter, but masking underlying shifts in trade flowsSingapore's exports held near a one-year low in the month to 15 April with volatile weekly flows and lower run rates pointing to tightening supplySouth Korea's March exports hit a five-month high, partly covering lost Middle East Group III flows to the US, but cargo loadings showed signs of slowing in April

Base Oils and Lubricants: Weekly Global Market Review - 17 Apr '26

<ul><li>Americas demand rose year on year for a seventh month as surging US consumption offset a drop in Latin America demand for a third month.</li><li>Rising demand contrasted with a fall in Americas supply.</li><li>Europe’s lubricants demand fell for a third month, but at a slower pace than the fall in base oils supply.</li></ul>

Americas demand rose year on year for a seventh month as surging US consumption offset a drop in Latin America demand for a third month.Rising demand contrasted with a fall in Americas supply.Europe’s lubricants demand fell for a third month, but at a slower pace than the fall in base oils supply.

Global Base Oils Supply-Demand Balance Tightens In January

<ul><li>Asia’s January base oils supply, including China, rose to the highest in more than five years, with the December volume the second highest during that period.</li><li>Americas’ base oils supply fell to a five-month low as US output dipped.</li><li>Europe’s base oils supply rose to a four-month high but fell by more than 10% year on year and for a fifth straight month.</li></ul>

Asia’s January base oils supply, including China, rose to the highest in more than five years, with the December volume the second highest during that period.Americas’ base oils supply fell to a five-month low as US output dipped.Europe’s base oils supply rose to a four-month high but fell by more than 10% year on year and for a fifth straight month.

Global Base Oils Supply Near Multi-Year High In January

United States

Phillips 66 is a downstream energy company.  The Company's operations include oil refining, marketing and transportation.  Phillips 66's operations also include chemical manufacturing and power generation.

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Phillips 66 (PSX US)

Global Base Oils Cargo Flows: Week To 24 April

Cargo with a combination of light and heavy Group II base oils set to load from Taiwan in the coming days, with China the likely...

Base Oil News

Global Base Oils Cargo Flows: Week To 17 April

Pace of cargo loadings from Taiwan slowed in the past week, with most of this month’s shipments bound for India and Southeast Asia. Two cargoes of...

Base Oil News

Base Oils and Lubricants: Weekly Global Market Review - 17 Apr '26

Asia's March export surge deferred the impact of supply disruptions into the second quarter, but masking underlying shifts in trade...

Base Oil News

Global Base Oils Supply-Demand Balance Tightens In January

Americas demand rose year on year for a seventh month as surging US consumption offset a drop in Latin America demand for a third month. Rising...

Base Oil News

Global Base Oils Supply Near Multi-Year High In January

Asia’s January base oils supply, including China, rose to the highest in more than five years, with the December volume the second highest during...

Base Oil News

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