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 be firmer than usual for the time of year as higher crude oil prices and growing concern about supply disruptions counter weaker supply-demand fundamentals.</li><li>Demand for Group I heavy neutrals and Group III base oils especially could get support from concern that any supply disruptions would have more direct impact on those products.</li><li>Concern about tighter supply of Group I heavy neutrals could support stronger demand for Group II heavy grades as an alternative.</li></ul>

Asia’s base oils demand could be firmer than usual for the time of year as higher crude oil prices and growing concern about supply disruptions counter weaker supply-demand fundamentals.Demand for Group I heavy neutrals and Group III base oils especially could get support from concern that any supply disruptions would have more direct impact on those products.Concern about tighter supply of Group I heavy neutrals could support stronger demand for Group II heavy grades as an alternative.

Asia base oils demand outlook: Week of 23 June

<ul><li>US base oils demand could get support from higher crude oil prices that curb prospect of fall in base oils prices.</li><li>Even so, expectations of ready availability of supplies, combined with seasonal slowdown in lube consumption in coming weeks, likely to incentivize buyers to maintain low stocks.</li><li>Buyers face ongoing challenge of balancing expectations of weak fundamentals with repercussions of higher crude oil prices and risk of weather-related supply disruptions during Atlantic hurricane season.</li></ul>

US base oils demand could get support from higher crude oil prices that curb prospect of fall in base oils prices.Even so, expectations of ready availability of supplies, combined with seasonal slowdown in lube consumption in coming weeks, likely to incentivize buyers to maintain low stocks.Buyers face ongoing challenge of balancing expectations of weak fundamentals with repercussions of higher crude oil prices and risk of weather-related supply disruptions during Atlantic hurricane season.

Americas/EMEA base oils demand outlook: Week of 23 June

<ul><li>Global base oils margins fall as feedstock/competing fuel prices surge.</li><li>Sharp fall in base oils margins reflect impact of higher crude/diesel prices rather than any sudden change in base oils supply-demand fundamentals.</li><li>Fall in base oils margins comes at a time of year when supply-demand fundamentals are already starting to face downward pressure.</li></ul>

Global base oils margins fall as feedstock/competing fuel prices surge.Sharp fall in base oils margins reflect impact of higher crude/diesel prices rather than any sudden change in base oils supply-demand fundamentals.Fall in base oils margins comes at a time of year when supply-demand fundamentals are already starting to face downward pressure.

Global base oils margins outlook: Week of 16 June

<ul><li>US Group III 4cSt base oils price rises in June to highest level in almost nine months.</li><li>US Group III 4cSt price rises relative to Group II base oils, relative to feedstock prices and relative to other regions.</li><li>US Group III price-strength coincides with tighter global Group III supply-demand fundamentals and growing number of signals reflecting those tighter fundamentals.</li></ul>

US Group III 4cSt base oils price rises in June to highest level in almost nine months.US Group III 4cSt price rises relative to Group II base oils, relative to feedstock prices and relative to other regions.US Group III price-strength coincides with tighter global Group III supply-demand fundamentals and growing number of signals reflecting those tighter fundamentals.

Global base oils arb outlook: Week of 16 June

<ul><li>Asia base oils prices slide relative to crude and gasoil prices, triggering fall in margins.</li><li>Size and speed of drop in base oils premium to crude/gasoil complicates production and procurement plans.</li><li>Any signs of crude oil prices holding at more elevated levels for longer, and base oils margins at lower levels for longer, could put pressure on refiners to cut output.</li></ul>

Asia base oils prices slide relative to crude and gasoil prices, triggering fall in margins.Size and speed of drop in base oils premium to crude/gasoil complicates production and procurement plans.Any signs of crude oil prices holding at more elevated levels for longer, and base oils margins at lower levels for longer, could put pressure on refiners to cut output.

Asia base oils supply outlook: Week of 16 June

United Kingdom

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

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

Shell PLC (SHEL LN)

Asia base oils demand outlook: Week of 23 June

Asia’s base oils demand could be firmer than usual for the time of year as higher crude oil prices and growing concern about supply disruptions...

Base Oil News

Americas/EMEA base oils demand outlook: Week of 23 June

US base oils demand could get support from higher crude oil prices that curb prospect of fall in base oils prices. Even so, expectations of ready...

Base Oil News

Global base oils margins outlook: Week of 16 June

Global base oils margins fall as feedstock/competing fuel prices surge. Sharp fall in base oils margins reflect impact of higher crude/diesel...

Base Oil News

Global base oils arb outlook: Week of 16 June

US Group III 4cSt base oils price rises in June to highest level in almost nine months. US Group III 4cSt price rises relative to Group II base...

Base Oil News

Asia base oils supply outlook: Week of 16 June

Asia base oils prices slide relative to crude and gasoil prices, triggering fall in margins. Size and speed of drop in base oils premium to...

Base Oil News

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)