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 values rise vs feedstock/competing fuel prices.</li><li>Firmer base oils values contrast with lower gasoil premium to crude oil, magnifying impact of rising base oils premium.</li><li>Rising base oils premium points to firm supply-demand fundamentals, especially in Europe and Asia.</li></ul>

Global base oils values rise vs feedstock/competing fuel prices.Firmer base oils values contrast with lower gasoil premium to crude oil, magnifying impact of rising base oils premium.Rising base oils premium points to firm supply-demand fundamentals, especially in Europe and Asia.

Global base oils margins outlook: Week of 17 March

<ul><li>US Group II base oils export prices mostly stay in narrow range vs vacuum gasoil so far this year.</li><li>US’ steady price premium contrasts with strong rise in Asia Group II base oils export price premium to Singapore gasoil prices so far this year.</li><li>US Group I brightstock price rises vs vacuum gasoil so far this year.</li></ul>

US Group II base oils export prices mostly stay in narrow range vs vacuum gasoil so far this year.US’ steady price premium contrasts with strong rise in Asia Group II base oils export price premium to Singapore gasoil prices so far this year.US Group I brightstock price rises vs vacuum gasoil so far this year.

Global base oils arb outlook: Week of 17 March

<ul><li>US base oils prices mostly hold firm in narrow range versus feedstock/competing fuel prices.</li><li>Margins edge higher mostly because of lower crude oil prices rather than rise in base oils prices.</li><li>Margins in Europe and Asia rise more strongly because of rise in base oils prices.</li></ul>

US base oils prices mostly hold firm in narrow range versus feedstock/competing fuel prices.Margins edge higher mostly because of lower crude oil prices rather than rise in base oils prices.Margins in Europe and Asia rise more strongly because of rise in base oils prices.

Americas/EMEA base oils supply outlook: Week of 17 March

<ul><li>Seasonal boost in US base oils demand could be more muted than expected, with uncertainty about end-user consumption incentivizing buyers to maintain lower stocks.</li><li>Seasonal rise in demand typically cuts surplus supplies and often coincides with plant maintenance work, like this year.</li><li>Stronger demand and tighter supply typically give refiners more leverage to adjust prices to reflect those firmer fundamentals.</li></ul>

Seasonal boost in US base oils demand could be more muted than expected, with uncertainty about end-user consumption incentivizing buyers to maintain lower stocks.Seasonal rise in demand typically cuts surplus supplies and often coincides with plant maintenance work, like this year.Stronger demand and tighter supply typically give refiners more leverage to adjust prices to reflect those firmer fundamentals.

Americas/EMEA base oils demand outlook: Week of 17 March

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

<ul>
<li>For the week ending 07/Mar, US crude inventories increased by 1.4m barrels, missing expectations of a 2.1m barrel build. Meanwhile, gasoline and distillate stockpiles fell more than expected.</li>
<li>US natural gas inventories fell by 62 Bcf for the week ending 07/Mar, lower than analyst expectations of a 46 Bcf drawdown. Inventories are 11.9% below the 5-year seasonal average.</li>
<li>SNB Capital and United Securities cut Aramco's price targets. TotalEnergies CEO expects LNG prices to decline by decade’s end.</li>
</ul>


For the week ending 07/Mar, US crude inventories increased by 1.4m barrels, missing expectations of a 2.1m barrel build. Meanwhile, gasoline and distillate stockpiles fell more than expected.
US natural gas inventories fell by 62 Bcf for the week ending 07/Mar, lower than analyst expectations of a 46 Bcf drawdown. Inventories are 11.9% below the 5-year seasonal average.
SNB Capital and United Securities cut Aramco's price targets. TotalEnergies CEO expects LNG prices to decline by decade’s end.


[ETP 2025/11] Weak Demand and Trade Tensions Weigh on Crude, Volatile Weather Pressures Henry Hub

Saudi Arabia

Saudi Arabian Oil Co., doing business as Saudi Aramco, operates as an oil exploration company. The Company focuses on hydrocarbons exploration, production, refining, distribution, and shipping, as well as provides crude oil marketing services. Saudi Aramco serves customers worldwide.

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

Saudi Aramco (ARAMCO AB)

Global base oils margins outlook: Week of 17 March

Global base oils values rise vs feedstock/competing fuel prices. Firmer base oils values contrast with lower gasoil premium to crude oil,...

Base Oil News

Global base oils arb outlook: Week of 17 March

US Group II base oils export prices mostly stay in narrow range vs vacuum gasoil so far this year. US’ steady price premium contrasts with strong...

Base Oil News

Americas/EMEA base oils supply outlook: Week of 17 March

US base oils prices mostly hold firm in narrow range versus feedstock/competing fuel prices. Margins edge higher mostly because of lower crude oil...

Base Oil News

Americas/EMEA base oils demand outlook: Week of 17 March

Seasonal boost in US base oils demand could be more muted than expected, with uncertainty about end-user consumption incentivizing buyers to...

Base Oil News

[ETP 2025/11] Weak Demand and Trade Tensions Weigh on Crude, Volatile Weather Pressures Henry Hub

US crude inventories rise, missing expectations, while gasoline and distillate stockpiles fall. Aramco's price targets cut, TotalEnergies CEO...

Mint Finance

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Global base oils margins outlook: Week of 17 March

Global base oils values rise vs feedstock/competing fuel prices. Firmer base oils values contrast with lower gasoil premium to crude oil,...

Base Oil News

Global base oils arb outlook: Week of 17 March

US Group II base oils export prices mostly stay in narrow range vs vacuum gasoil so far this year. US’ steady price premium contrasts with strong...

Base Oil News

Americas/EMEA base oils supply outlook: Week of 17 March

US base oils prices mostly hold firm in narrow range versus feedstock/competing fuel prices. Margins edge higher mostly because of lower crude oil...

Base Oil News

Americas/EMEA base oils demand outlook: Week of 17 March

Seasonal boost in US base oils demand could be more muted than expected, with uncertainty about end-user consumption incentivizing buyers to...

Base Oil News

[ETP 2025/11] Weak Demand and Trade Tensions Weigh on Crude, Volatile Weather Pressures Henry Hub

​US crude inventories rise, missing expectations, while gasoline and distillate stockpiles fall. Aramco's price targets cut, TotalEnergies CEO...

Mint Finance

US crude inventories rise, missing expectations, while gasoline and distillate stockpiles fall. Aramco's price targets cut, TotalEnergies CEO...