Argus Americas Base Oils
Overview
Argus Americas Base Oils is an essential source of global insights to support your business in the Americas base oil market.
The service provides weekly US base oil spot prices, North American producer-posted prices, market commentary, news and analysis for the North American and Latin American markets. This report is a regional extract from our Argus Base Oils service, a global publication that captures the full spectrum of base oils trade in the international market.
Includes price assessments for New York Harbor heating oil barge, US Gulf coast 10ppm diesel cargo, and feedstock premiums: US crude and VGO.
Key features
North America spot prices
Examine key spot price assessments for paraffinic and naphthenic base oils: Groups I, II and III.
Refinery posted prices
View posted prices for virgin and re-refined base oils: Groups I, II, II+ and III.
Shipping data
Get valuable insights into US Gulf coast shipping enquiries and freight rates, as well as spot arbitrage opportunities.
Historical data
Review historical data, back to 2010, for North America and South America base oil plant maintenance, and North America and South America capacity and expansion data.
Robust methodologies
Our price assessments are underpinned by the most robust, transparent and credible methodologies, developed with the industry to ensure our price assessments are a true reflection of how the markets trade.
Market-moving news
Read the latest market-moving news, commentary and analysis published by our expert team of on-the-ground market reporters.
Customers that benefit
- Base oil producers have the choice of how to use spot prices to negotiate the most market-appropriate term contract or spot deal. Refiners can track base oil premiums to feedstock costs for refinery optimisation by monitoring. Producers can target most lucrative overseas markets by monitoring export values, also covered in the report.
- Traders can gain a regional overview and track spot price movements in the Americas. Weekly updates on plant maintenance schedules enable traders to identify regional short or long positions.
- Lubricant blenders can access base oil spot prices by group and viscosity to negotiate the most appropriate term or spot contract price for procurement. The domestic overviews enable blenders to optimise supply chains and blending operations to maintain or boost finished lubricant margins. Refinery maintenance and capacity data can be used to signal and prepare blenders for changes in local or global supply. Base oil pricing can also be used to negotiate contracts with lubricant retailers.
- Additive companies can use regional base oil spot prices to inform the cost of base oil feedstocks for additive production. Pricing, market commentary, news and analysis provide an overview of the base oil market necessary for engaging with clients, lubricant blenders purchasing additives for finished lubricant production.
- Lubricant retailers can use global base oil spot or posted prices to negotiate contracts for finished lubricants with lubricant blenders.
Product specifications
Argus Americas Base Oils includes weekly US base oil spot prices, North American producer-posted prices and key industry data.
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.