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.

Global Base Oils and Lubricants Markets

Global Editor, Base Oil News

Iain Pocock

Global Editor

Commodities

<ul><li>Middle East supply tightened immediately as imports had already slumped, with lower inventories intensifying the impact of the disruptions.</li><li>West and North Africa entered the disruption period with already-thin buffers, as weaker European supply had curtailed the usual start-of-year inventory build.</li><li>Europe entered the disruption with higher Group III supply, but its reliance on the Middle East for over 30% of volumes left it facing renewed inventory pressure.</li></ul>

Middle East supply tightened immediately as imports had already slumped, with lower inventories intensifying the impact of the disruptions.West and North Africa entered the disruption period with already-thin buffers, as weaker European supply had curtailed the usual start-of-year inventory build.Europe entered the disruption with higher Group III supply, but its reliance on the Middle East for over 30% of volumes left it facing renewed inventory pressure.

Mangalore Refinery & Petrochemicals (MRPL IN)

TotalEnergies Marketing Nigeria (TOTAL NL)

Base Oils and Lubricants: Weekly Global Market Review - 24 Apr '26