VIDEO: Asia/Mideast Groups I, II base oils find footing amid tight global supply

Author: Matthew Chong

2021/02/02

SINGAPORE (ICIS)--Senior Editors Matthew Chong and Izham Ahmad discuss recent developments in the Asia-Pacific and Middle East base oils markets.

  • Asia Groups I and II prices at multi-year highs
  • UAE’s Group I SN500 January prices at highest since August 2018
  • Global supply tight

ICIS will host the World Base Oils & Lubricants Virtual Conference for free on 16-18 February. This is where industry experts will come together to talk about the outlook on the base oils markets for 2021.

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