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>A larger-than-usual cargo with a combination of Group II light and heavy grades was set to load from Taiwan in the coming days, with India a likely destination.</li><li>A large cargo of Group II base oils loaded from Taiwan at end-August headed to India, with arrival due this week.</li><li>A large cargo with a combination of Group II light and heavy grades loaded from Taiwan at end-July headed to the US Gulf coast, with arrival due in late-September.</li></ul>

A larger-than-usual cargo with a combination of Group II light and heavy grades was set to load from Taiwan in the coming days, with India a likely destination.A large cargo of Group II base oils loaded from Taiwan at end-August headed to India, with arrival due this week.A large cargo with a combination of Group II light and heavy grades loaded from Taiwan at end-July headed to the US Gulf coast, with arrival due in late-September.

Global Base Oils Cargo Flows: Week To 18 September

<ul><li>Several cargoes of Group II base oils loaded from Taiwan at end-August and early September, with all of them heading to Southeast Asia and one likely bound for India.</li><li>A cargo of Group II base oils loaded from Taiwan in late July was set to reach East Coast South America at the end of this week.</li><li>Singapore took delivery of more base oils from the Netherlands, adding to a shipment from the same country last week.</li></ul>

Several cargoes of Group II base oils loaded from Taiwan at end-August and early September, with all of them heading to Southeast Asia and one likely bound for India.A cargo of Group II base oils loaded from Taiwan in late July was set to reach East Coast South America at the end of this week.Singapore took delivery of more base oils from the Netherlands, adding to a shipment from the same country last week.

Global Base Oils Cargo Flows: Week To 11 September

<ul><li>The base oils market is approaching the fourth quarter with a smaller supply surplus than usual, as tighter Asian and Group III balances leave less supply available to absorb further disruptions</li></ul><ul><li>The base oils market is approaching the fourth quarter with less surplus than usual, after the third-quarter slowdown failed to produce the usual supply build.</li><li>China and India are putting more pressure on available barrels, with China's Group II balance tightening as India's demand extends its recovery.</li></ul>

The base oils market is approaching the fourth quarter with a smaller supply surplus than usual, as tighter Asian and Group III balances leave less supply available to absorb further disruptionsThe base oils market is approaching the fourth quarter with less surplus than usual, after the third-quarter slowdown failed to produce the usual supply build.China and India are putting more pressure on available barrels, with China's Group II balance tightening as India's demand extends its recovery.

Base Oils and Lubricants: Weekly Global Market Review - 11 Sep '26

<ul><li>Demand across the Americas rose 4%, as a rebound in US consumption offset a 7% drop in Latin America.</li><li>Europe's lubricants demand fell 4% in June, a second straight monthly decline, after rising for three straight months to April.</li><li>Asia's lubricants demand outside China fell 2% in June, a second straight monthly decline.</li></ul>

Demand across the Americas rose 4%, as a rebound in US consumption offset a 7% drop in Latin America.Europe's lubricants demand fell 4% in June, a second straight monthly decline, after rising for three straight months to April.Asia's lubricants demand outside China fell 2% in June, a second straight monthly decline.

Global Base Oils Supply Surplus Shrinks In June

<ul><li>Europe's supply held relatively steady at more than 370,000 tonnes, close to where it has stood for most of the past six months.</li><li>Americas supply dipped as plant maintenance in Brazil combined with US output falling to a 14-month low.</li><li>Middle East supply fell to its lowest level in more than seven years, with a slump in Group III shipments outweighing a rise in flows from Saudi Arabia.</li></ul>

Europe's supply held relatively steady at more than 370,000 tonnes, close to where it has stood for most of the past six months.Americas supply dipped as plant maintenance in Brazil combined with US output falling to a 14-month low.Middle East supply fell to its lowest level in more than seven years, with a slump in Group III shipments outweighing a rise in flows from Saudi Arabia.

Global Base Oils Supply Falls To 16-Month Low In June

Thailand

Thai Oil is an integrated energy company engaged in oil refining and petrochemicals, producing a diverse range of products including refined fuels, petrochemicals, and base lubricating oils. It operates one of the leading complex refineries in Asia Pacific with a current capacity of 275,000 barrels per day. The company was founded in 1961 and is headquartered in Bangkok, Thailand.

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Thai Oil (TOP-R TB)

Global Base Oils Cargo Flows: Week To 18 September

A larger-than-usual cargo with a combination of Group II light and heavy grades was set to load from Taiwan in the coming days, with India a...

Base Oil News

Global Base Oils Cargo Flows: Week To 11 September

Several cargoes of Group II base oils loaded from Taiwan at end-August and early September, with all of them heading to Southeast Asia and one...

Base Oil News

Base Oils and Lubricants: Weekly Global Market Review - 11 Sep '26

The base oils market is approaching the fourth quarter with a smaller supply surplus than usual, as tighter Asian and Group III balances leave...

Base Oil News

Global Base Oils Supply Surplus Shrinks In June

Demand across the Americas rose 4%, as a rebound in US consumption offset a 7% drop in Latin America. Europe's lubricants demand fell 4% in June,...

Base Oil News

Global Base Oils Supply Falls To 16-Month Low In June

Europe's supply held relatively steady at more than 370,000 tonnes, close to where it has stood for most of the past six months. Americas supply...

Base Oil News

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Market Cap (USDm)

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