VIDEO: US base oil postings rise on VGO

Author: Amanda Hay


HOUSTON (ICIS)--Watch Senior Editor Amanda Hay discuss the fundamentals putting upward pressure on US base oils markets. Posted prices are up but demand has not yet recovered to pre-coronavirus levels.

  • Postings up by 15 cents/gal
  • VGO pressures producer margins
  • Demand picking up but long recovery ahead

Visit the ICIS coronavirus topic page for analysis of the impact on chemical markets and links to latest news.