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>Middle East supply disruptions are proving structural rather than temporary, with lubricants prices facing significant increases</li><li>India's base oils supply fell to an eighteen-month low in February, cutting inventories ahead of peak seasonal demand as disruptions complicated restocking</li><li>Europe's January Group II supply rose to a five-month high, building a buffer that helped cushion the initial impact of disruptions</li></ul>

Middle East supply disruptions are proving structural rather than temporary, with lubricants prices facing significant increasesIndia's base oils supply fell to an eighteen-month low in February, cutting inventories ahead of peak seasonal demand as disruptions complicated restockingEurope's January Group II supply rose to a five-month high, building a buffer that helped cushion the initial impact of disruptions

Base Oils and Lubricants: Weekly Global Market Review - 2 Apr '26

<ul><li>A larger-than-usual cargo with a combination of light- and heavy-grade Group II base oils was set to load from Taiwan in early-April, with India the likely destination.</li><li>The large shipment and a surge in flows in second-half March pointed to a muted impact so far from any feedstock supply issues.</li><li>Cargo of Group III base oils loaded from Indonesia in late March before heading to northwest Europe, set to arrive around mid-May.</li></ul>

A larger-than-usual cargo with a combination of light- and heavy-grade Group II base oils was set to load from Taiwan in early-April, with India the likely destination.The large shipment and a surge in flows in second-half March pointed to a muted impact so far from any feedstock supply issues.Cargo of Group III base oils loaded from Indonesia in late March before heading to northwest Europe, set to arrive around mid-May.

Global Base Oils Cargo Flows: Week To 2 April

<ul><li>The Middle East conflict is driving structural disruption to the global base oils market, with lubricants prices rising up to 30% in a six-to-nine month scenario and more than 50% in a worst case, Rosefield Energy Tech said</li><li>Blenders faced simultaneous pressure from feedstock shortages, additives constraints, freight costs and currency depreciation, with local and regional blenders most exposed</li><li>Rosefield recommended diversifying feedstock sources, shifting to regional hubs and adopting more dynamic pricing to reduce risk</li></ul>

The Middle East conflict is driving structural disruption to the global base oils market, with lubricants prices rising up to 30% in a six-to-nine month scenario and more than 50% in a worst case, Rosefield Energy Tech saidBlenders faced simultaneous pressure from feedstock shortages, additives constraints, freight costs and currency depreciation, with local and regional blenders most exposedRosefield recommended diversifying feedstock sources, shifting to regional hubs and adopting more dynamic pricing to reduce risk

Middle East War Triggers Structural Disruption In Base Oils Market

<ul><li>Several more Group II cargoes loaded from Taiwan before heading to Southeast Asia.</li><li>The pick-up in shipments in second-half March lifted total exports above typical monthly levels.</li><li>The rise contrasted with a slump in Singapore’s exports in the past week.</li></ul>

Several more Group II cargoes loaded from Taiwan before heading to Southeast Asia.The pick-up in shipments in second-half March lifted total exports above typical monthly levels.The rise contrasted with a slump in Singapore’s exports in the past week.

Global Base Oils Cargo Flows: Week To 27 March

<ul><li>Shell's Pearl GTL plant halted after an 18 March attack — removing a major source of global Group III shipments with restart timeline unclear</li><li>US January Group III imports surged from the Middle East before war disrupted shipment flows — Middle East arrivals now set to drop sharply in April</li><li>South Korea February exports fell to a nine-month low before the Middle East conflict disrupted flows across key markets — curtailing shipments to the Middle East and boosting the need for alternative shipments to the US</li></ul>

Shell's Pearl GTL plant halted after an 18 March attack — removing a major source of global Group III shipments with restart timeline unclearUS January Group III imports surged from the Middle East before war disrupted shipment flows — Middle East arrivals now set to drop sharply in AprilSouth Korea February exports fell to a nine-month low before the Middle East conflict disrupted flows across key markets — curtailing shipments to the Middle East and boosting the need for alternative shipments to the US

Base Oils and Lubricants: Weekly Global Market Review - 20 Mar '26

Thailand

Thai Oil is Thailand's largest integrated petroleum refining and petrochemical company, operating one of Asia's most complex single-site refineries with a crude distillation capacity of 275,000 barrels per day. The company produces a wide range of refined petroleum products, petrochemicals, and lube base oil, alongside engaging in power generation and other supporting businesses. Thai Oil was founded in 1961 and is headquartered in Bangkok, Thailand.

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Thai Oil (TOP TB)

Base Oils and Lubricants: Weekly Global Market Review - 2 Apr '26

Middle East supply disruptions are proving structural rather than temporary, with lubricants prices facing significant increases. India's base oils...

Base Oil News

Global Base Oils Cargo Flows: Week To 2 April

A larger-than-usual cargo with a combination of light- and heavy-grade Group II base oils was set to load from Taiwan in early-April, with India...

Base Oil News

Middle East War Triggers Structural Disruption In Base Oils Market

Blenders faced simultaneous pressure from feedstock shortages, additives constraints, freight costs and currency depreciation, with local and...

Base Oil News

Global Base Oils Cargo Flows: Week To 27 March

Several more Group II cargoes loaded from Taiwan before heading to Southeast Asia. The pick-up in shipments in second-half March lifted total...

Base Oil News

Base Oils and Lubricants: Weekly Global Market Review - 20 Mar '26

Shell's Pearl GTL plant halted after an 18 March attack — removing a major source of global Group III shipments with restart timeline...

Base Oil News

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