Base Oils Middle East Transcript
The ICIS Middle East Base Oils price report provides independent, reliable, pricing and timely market intelligence.
Our Middle East report is the pioneer report launched in the region and both the FOB Iran and CFR UAE codes are used extensively by producers, traders and buyers in the Middle East.
The report quotes Group 1 SN150 CFR UAE and SN150 FOB Iran prices. The report also quotes Group 1 SN500 CFR UAE and SN500 FOB Iran prices.
In addition, the report also includes information on SN150, SN 500, SN 650, brightstock, Group 2 and Group 3 Base Oil prices, on an ex-Tank basis.
A detailed forward-looking market outlook and Group 1 tender offers and results are included in the weekly report as well.
Information is sourced from producers, traders, distributors and buyers, to ensure a balanced and accurate view.
We report on spot deals, bids and offers, and buy/sell ideas.
In addition to benchmark quotes, the report keeps track on feedstock 0.5% Gasoil FOB Singapore and 3.5% fuel oil FOB Singapore, upstream crude oil prices, together with related oil products prices, such as naphtha CFR Japan quotes are also included.
ICIS tracks scheduled and unscheduled production outages, and downstream demand drivers to ensure that the prevailing demand/supply conditions are understood and communicated clearly to customers, to help them with their purchasing or sales decisions.