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 heavy-grade base oils price-premium to Singapore gasoil stays unusually high.</li><li>Firm base oils premium suggests supply remains tight and demand firm, incentivizing refiners to raise output.</li><li>Gap between Group II light and heavy-grade base oils prices widens more even after restart of growing number of base oils units following scheduled maintenance work.</li></ul>

Asia’s heavy-grade base oils price-premium to Singapore gasoil stays unusually high.Firm base oils premium suggests supply remains tight and demand firm, incentivizing refiners to raise output.Gap between Group II light and heavy-grade base oils prices widens more even after restart of growing number of base oils units following scheduled maintenance work.

Asia base oils supply outlook: Week of 2 June

<ul><li>Asia’s base oils demand could soften as weakening supply-demand fundamentals incentivize buyers to maintain lower stocks.</li><li>Seasonal slowdown in lube consumption set to coincide with pick-up in supply following restart of growing number of plants after maintenance work.</li><li>Weaker demand in markets like Japan frees up more surplus volumes for export, adding to supply.</li></ul>

Asia’s base oils demand could soften as weakening supply-demand fundamentals incentivize buyers to maintain lower stocks.Seasonal slowdown in lube consumption set to coincide with pick-up in supply following restart of growing number of plants after maintenance work.Weaker demand in markets like Japan frees up more surplus volumes for export, adding to supply.

Asia base oils demand outlook: Week of 2 June

<ul><li>Global base oils prices mostly hold firm vs feedstock/gasoil prices.</li><li>Firm margins in Asia and Europe point to still-tight supply-demand fundamentals, incentivizing refiners to maintain high output levels.</li><li>Weaker margins in US point to diverging fundamentals compared with other regions.</li></ul>

Global base oils prices mostly hold firm vs feedstock/gasoil prices.Firm margins in Asia and Europe point to still-tight supply-demand fundamentals, incentivizing refiners to maintain high output levels.Weaker margins in US point to diverging fundamentals compared with other regions.

Global base oils margins outlook: Week of 26 May

<ul><li>US Group II heavy-grade base oils prices stay unusually weak relative to CFR India prices for the time of year.</li><li>Persistent US price-discount to CFR India prices coincides with steady flow of heavy-grade base oils shipments from US to India and especially to Pakistan.</li><li>Arbitrage shipments highlight persistent surplus of heavy-grade base oils in US market.</li></ul>

US Group II heavy-grade base oils prices stay unusually weak relative to CFR India prices for the time of year.Persistent US price-discount to CFR India prices coincides with steady flow of heavy-grade base oils shipments from US to India and especially to Pakistan.Arbitrage shipments highlight persistent surplus of heavy-grade base oils in US market.

Global base oils arb outlook: Week of 26 May

<ul><li>Asia’s heavy-grade base oils prices stay high relative to feedstock/gasoil prices.</li><li>Firm margins point to ongoing supply-tightness even with completion of most plant maintenance work.</li><li>Firm margins suggest supply-tightness continues to outweigh signs of more muted demand, incentivizing refiners to boost output of heavy grades.</li></ul>

Asia’s heavy-grade base oils prices stay high relative to feedstock/gasoil prices.Firm margins point to ongoing supply-tightness even with completion of most plant maintenance work.Firm margins suggest supply-tightness continues to outweigh signs of more muted demand, incentivizing refiners to boost output of heavy grades.

Asia base oils supply outlook: Week of 26 May

Singapore

United Global Limited manufactures and markets petroleum lubricants. The Company, through its subsidiary, offers its products to customers located in the Asia Pacific region.

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

United Global Ltd (UTG SP)

Asia base oils supply outlook: Week of 2 June

Asia’s heavy-grade base oils price-premium to Singapore gasoil stays unusually high. Firm base oils premium suggests supply remains tight and...

Base Oil News

Asia base oils demand outlook: Week of 2 June

Asia’s base oils demand could soften as weakening supply-demand fundamentals incentivize buyers to maintain lower stocks. Seasonal slowdown in...

Base Oil News

Global base oils margins outlook: Week of 26 May

Global base oils prices mostly hold firm vs feedstock/gasoil prices. Firm margins in Asia and Europe point to still-tight supply-demand...

Base Oil News

Global base oils arb outlook: Week of 26 May

US Group II heavy-grade base oils prices stay unusually weak relative to CFR India prices for the time of year. Persistent US price-discount to...

Base Oil News

Asia base oils supply outlook: Week of 26 May

Asia’s heavy-grade base oils prices stay high relative to feedstock/gasoil prices. Firm margins point to ongoing supply-tightness even with...

Base Oil News

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)