Brightstock oversupply surprises, tighter lighter grades squeeze Group III spread

The European Group I base oils market has got off to an unexpectedly bullish start in 2017 amid tight supply of SN150 and SN500 brought about by production issues at a number of refineries. Despite this, brightstock supply is surprisingly healthy – but how long will this continue? Furthermore, what impact will rising Group I prices have on the Group III market?

Understanding market sentiment and factors driving prices in the region is pivotal for buyers, sellers and analysts in Europe, putting market developments in context and giving you first-mover advantage.

Download and read the market insight from ICIS editors Vicky Ellis and Sarah Trinder.

VIDEO: ICIS 21st annual Base Oils conference- key talking points

Europe and Asia base oils editors Vicky Ellis, Sarah Trinder and Jasmine Khoo discuss the key talking points of the first day of sessions on the sidelines of the 21st Annual ICIS World Base Oils and Lubricants conference in London.

Watch the video below:

 

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