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 price premium to feedstock/competing fuel prices stays higher at end-April 2025 than a month earlier.</li><li>Higher margins coincide with seasonal rise in demand and plant maintenance work.</li><li>Higher margins follow sharp fall in crude oil prices.</li></ul>

Global base oils price premium to feedstock/competing fuel prices stays higher at end-April 2025 than a month earlier.Higher margins coincide with seasonal rise in demand and plant maintenance work.Higher margins follow sharp fall in crude oil prices.

Global base oils margins outlook: Week of 28 April

<ul><li>US domestic Group I brightstock price outperforms lighter grades and Group II prices.</li><li>US export brightstock prices significantly lag brightstock prices in Europe and Asia.</li><li>Widening price-discount reflects signs of increasingly diverging supply-demand fundamentals between US and Europe and Asia.</li></ul>

US domestic Group I brightstock price outperforms lighter grades and Group II prices.US export brightstock prices significantly lag brightstock prices in Europe and Asia.Widening price-discount reflects signs of increasingly diverging supply-demand fundamentals between US and Europe and Asia.

Global base oils arb outlook: Week of 28 April

<ul><li>Asia’s Group I/II base oils price premium to feedstock/gasoil prices stays unusually high.</li><li>High premium points to tight supply-demand fundamentals.</li><li>Prospect of slowing demand could cushion impact of tight Group I base oils supply in Q2 2025.</li></ul>

Asia’s Group I/II base oils price premium to feedstock/gasoil prices stays unusually high.High premium points to tight supply-demand fundamentals.Prospect of slowing demand could cushion impact of tight Group I base oils supply in Q2 2025.

Asia base oils supply outlook: Week of 28 April

<ul><li>Asia’s base oils demand could wane as expectations of improving supply and more muted end-user consumption incentivize blenders to keep low stocks.</li><li>High base oils margins could add to buyers’ preference to hold back amid concern about disconnect between high margins and prospect of weaker supply-demand fundamentals.</li><li>More muted regional demand would speed up recovery in supply as more plant maintenance draws to a close in coming weeks.</li></ul>

Asia’s base oils demand could wane as expectations of improving supply and more muted end-user consumption incentivize blenders to keep low stocks.High base oils margins could add to buyers’ preference to hold back amid concern about disconnect between high margins and prospect of weaker supply-demand fundamentals.More muted regional demand would speed up recovery in supply as more plant maintenance draws to a close in coming weeks.

Asia base oils demand outlook: Week of 28 April

<ul><li>Global base oils prices stay firm vs feedstock/competing fuel prices.</li><li>Firm base oils margins point to tight supply and strong demand.</li><li>Firm base oils margins incentivize refiners to raise base oils output.</li></ul>

Global base oils prices stay firm vs feedstock/competing fuel prices.Firm base oils margins point to tight supply and strong demand.Firm base oils margins incentivize refiners to raise base oils output.

Global base oils margins outlook: Week of 21 April

China

Sinopec Oilfield Service Corporation provides oilfield services. The services include geophysics, drilling engineering, logging and mud logging, special downhole operations, engineering construction, oil field service and offshore oil projects.

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Sinopec Oilfield Service H (1033 HK)

Global base oils margins outlook: Week of 28 April

Global base oils price premium to feedstock/competing fuel prices stays higher at end-April 2025 than a month earlier. Higher margins coincide...

Base Oil News

Global base oils arb outlook: Week of 28 April

US domestic Group I brightstock price outperforms lighter grades and Group II prices. US export brightstock prices significantly lag brightstock...

Base Oil News

Asia base oils supply outlook: Week of 28 April

Asia’s Group I/II base oils price premium to feedstock/gasoil prices stays unusually high. High premium points to tight supply-demand...

Base Oil News

Asia base oils demand outlook: Week of 28 April

Asia’s base oils demand could wane as expectations of improving supply and more muted end-user consumption incentivize blenders to keep low...

Base Oil News

Global base oils margins outlook: Week of 21 April

Global base oils prices stay firm vs feedstock/competing fuel prices. Firm base oils margins point to tight supply and strong demand. Firm base...

Base Oil News

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