Home Commodities Energy Base oils

Base Oils

Actionable reports and historical context

CONTACT US
Jump to
Expertise
Solutions
Resources
Testimonials
CONTACT US

Reacting to capacity changes and demand shifts.

The base oils market is sensitive to downstream demand for automobiles and fuel. Upstream vacuum gas oil (VGO) and crude values are a secondary price driver.

A global demand shift from Group I to Groups II and III has led to rationalisation of capacity and increased reliance for wax on China. The use of electric vehicles is reducing demand for passenger car motor oils (PCMO). Global capacity of base oils generally exceeds demand, but supply chains can be impacted by fuel prices, cargo capacity, transportation costs, weather and natural disasters, and trade barriers. Failure of one or two production plants can affect global availability.

ICIS base oils reports are available for the Americas, North Asia, Southeast Asia (including India), and Middle East and Europe (including Russia/Baltic), and P-Wax reports are available for Asia-Pacific region, Europe, and the USA.

These reports analyse actual price levels, place market trends in a historical context and include a summary outlook. Available analytics tools include the ICIS Live Disruption Tracker and Price Optimisation Analytics. Comprehensive market intelligence and forecasts enables you to make profitable decisions.

READ MORE

USEFUL LINKS:

Access the news as it happens

Discover our upcoming events

Solutions

ICIS offers actionable market news in real time for base oils and P-Wax, including scheduled/unscheduled supply interruptions. Our transparent methodology is built on comprehensive market input from buyers, sellers, and distributors.

S&D

Supply and Demand outlooks offer an informative overview of the various chemical markets, consolidated into an easy-to-use format.

Price drivers

Providing diagnostic insights to help monitor and maximise your sales opportunities. Interactive analytics help you assess trends to increase windows of opportunities.

Live disruptions tracker

A live global view of production and consumption capacity loss, plus associated conversion factors. These enable a clear understanding of supply impact in order to get ahead of market changes.

ICIS Foresight

Our analytics can help you to shape future strategies, minimise risk and maintain a
competitive advantage within commodity markets.

Featured customers

View More…

What our customers say

Luberef

“We appreciated the strong support of the ICIS team in making the sponsorship event a success for us. They helped us to design the sponsorship package and guided our team throughout. The new programme of speaker sessions during conference breaks is an excellent idea, and we were delighted to take part.”​

Andrea Salerno,
Gritti Energia

“With ICIS, even a relatively small energy company like Gritti Energia can get the thorough understanding we need to create our own market view, achieve accurate price forecasts and potentially increase our market share.”  

Cyrpus Hydrocarbons Company

“What makes the difference for us is the personal input of world-class ICIS LNG market experts, and the competitive price of the service. The comprehensive, detailed, real-time intelligence helps us create an accurate market view that we can present to the decision-makers who map out our marketing strategy.”

Speak with ICIS

Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets.

Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.

SPEAK TO ICIS

Need Help?

Need Help?

Speak with ICIS