Companies

Base Oils and Lubricants - Weekly Global Market Review (5 Dec)

Iain Pocock

  • Asia: Base oils output rises in South Korea, Japan, China

  • Singapore: Exports hit a five-month high, with increased shipments to US

  • Europe: Group II supply falls at end-Q3, while Group I surplus lingers

  • US: Domestic demand extends rebound in September; naphthenic output slumps

  • South America: Supply tightens in Brazil and Argentina at start of Q4

  • Cargo flows: More cargoes head to/reach Nigeria

South Korea’s Base Oils Output Holds Firm In March

Argentina’s March Lubricants Demand Rises To Two-Year High

Italy’s March Lubricants Demand Surges To Six-Year High

Brazil’s March Base Oils Output Stays Low, Fundamentals Tighten

Global Group III Base Oils Imports From Middle East Fall In Feb