Use the independent price assessments and market coverage in our price reports to track the regional Base oils-Lubes market.
Our information is gathered by locally based reporters, giving unrivalled coverage of regional markets.
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- Understand price drivers and fluctuations
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Our editor gives their expert view
Base Oil US Transcript
The US Base Oils report has been used as an industry benchmark for about 10 years.
The report covers paraffinic prices, posted prices for group 1, group 2, group 2+, group 3, group 3+ and Naphthenics.
We get information from polling the market. It is a weekly report. The report has also got spot prices for light and heavy neutral grades. It also carries feed stock information for natural gas oils and fuel oils.
It’s used in the market to access information for buyers, sellers and traders on a routine basis. The information is polled from the market and is used by the market. |
The report is widely read, it is used to benchmark both contract pricing and spot pricing. The participants in the market frequently trade information with ICIS, it is considered trustworthy access for the Base Oils market on a global basis and is also competitive to any of the other reports covering the same market, it has a wider reach than a number of those.
Base oils-Lubes news and market information products from ICIS
We offer the following regional Base oils-Lubes coverage to keep you informed of factors and developments affecting prices in the US Base oils-Lubes marketplace.
Price Reporting – More information about the price reports we publish on Base oils-Lubes
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Base oils-Lubes
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2016
Base oil prices in the Americas stabilised across Q3 following high volatility in Q1 and Q2.
Group I, Group II+ and Group III posted price tiers remained unchanged since price moves in June. However, in Group II, Chevron announced a 20 cents/gal posted price increase on all its viscosity grades in late August. No other Group II price changes developed. One key reason for this was the volatility seen in crude oil during the quarter.
Daily fluctuations in crude oil of up to $2/bbl and down by the same amount kept base oil producers on the alert, and they chose to keep base oil posted prices unchanged while offering discounts into the domestic market.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Base oils-Lubes.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Base oils-Lubes. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enable you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Base oils-Lubes, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.