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>US domestic base oils demand shows signs of easing, compounding impact of pick-up in supply.</li><li>Discount of US Group II export prices to domestic prices widens further, reflecting that dynamic.</li><li>Weaker domestic demand suggests buyers are now comfortable with existing stock levels to cover requirements over coming weeks and to cover any unexpected disruptions to supply.</li></ul>

US domestic base oils demand shows signs of easing, compounding impact of pick-up in supply.Discount of US Group II export prices to domestic prices widens further, reflecting that dynamic.Weaker domestic demand suggests buyers are now comfortable with existing stock levels to cover requirements over coming weeks and to cover any unexpected disruptions to supply.

Americas/EMEA base oils demand outlook: Week of 28 July

<ul>
<li>US base oils export prices extend fall versus feedstock/competing fuel prices.</li>
<li>Increasingly firm heating oil premium to crude oil compounds weakness of base oils prices.</li>
<li>Diverging price trends could prompt moves to divert more feedstock supplies into diesel pool.</li>
</ul>


US base oils export prices extend fall versus feedstock/competing fuel prices.
Increasingly firm heating oil premium to crude oil compounds weakness of base oils prices.
Diverging price trends could prompt moves to divert more feedstock supplies into diesel pool.


Americas/EMEA 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

<ul><li>Asia’s base oils demand could get support as buyers focus on locking in supply to cover requirements during final weeks of Q3 2025.</li><li>Dynamic would highlight disconnect between typical seasonal slowdown in lube demand in month of August and need to secure base oils supplies to meet pick-up in demand at end of third quarter.</li><li>Expectations of sufficient supply could prompt buyers to maintain balanced inventories rather than to seek larger stocks.</li></ul>

Asia’s base oils demand could get support as buyers focus on locking in supply to cover requirements during final weeks of Q3 2025.Dynamic would highlight disconnect between typical seasonal slowdown in lube demand in month of August and need to secure base oils supplies to meet pick-up in demand at end of third quarter.Expectations of sufficient supply could prompt buyers to maintain balanced inventories rather than to seek larger stocks.

Asia base oils demand outlook: Week of 28 July

United Kingdom

Shell PLC explores and refines petroleum products. The Company produces fuels, chemicals, and lubricants. Shell serves clients worldwide.

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Shell PLC (SHEL LN)

Americas/EMEA base oils demand outlook: Week of 28 July

US domestic base oils demand shows signs of easing, compounding impact of pick-up in supply. Discount of US Group II export prices to domestic...

Base Oil News

Americas/EMEA base oils supply outlook: Week of 28 July

US base oils export prices extend fall versus feedstock/competing fuel prices. Increasingly firm heating oil premium to crude oil compounds...

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

Asia base oils demand outlook: Week of 28 July

Asia’s base oils demand could get support as buyers focus on locking in supply to cover requirements during final weeks of Q3 2025. Dynamic would...

Base Oil News

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