Market signals

Base Oils and Lubricants - Weekly Global Market Review (28 Nov)

Iain Pocock

  • Asia: Exports to Middle East surge to multi-year high

  • Singapore: Domestic exports extend rise, including cargo to US

  • Europe: Lube demand shows signs of broader market recovery

  • Brazil: Supply slips in October even as output rises

  • Cargo flows: Several Group III shipments from Middle East set to reach US

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Asia December Exports Rise, Driving Q4 Shipments to Two-Year High

S Korea’s December Base Oils Output Rises Close to Four-Year High