Overview

Argus Base Oils is the only global spot price report published weekly. It is considered an essential source of global insights to support your business in the base oils market.

Among the benefits, this service provides spot or posted prices to negotiate the most market-appropriate term contract or spot deal; the global market commentary, news, and analysis deliver an overview of the base oils market necessary for engaging with clients. 

Review weekly updates on plant maintenance schedules, allowing traders to identify regional short or long positions. With the global overview blenders can optimise the supply chain and blending operations to maintain or boost finished lubricant margins.

Key features

Global spot prices

Examine key spot prices Group I, II, III base oils across Europe, Russia, Asia, Middle East, North America and Latin America. Global crude prices, transport fuel and VGO prices.

Market-moving news

The latest market-moving news, commentary and analysis published by our expert team of on-the-ground market reporters.

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Historical data

Access to historical data back to 2010, global refinery maintenance table, and capacity and expansions table.

Industry data

Get valuable insights a range of extensive data on arbitrage tracking, vessel enquiries, and freight rates.

Data & Download

Access to global import/export data that you can download.

Customers that benefit

  • Base oil producers

    Have the choice of spot or posted 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 prices in export destinations, also covered in the report.

  • Traders

    Can gain a global overview and track spot price movements across different regions. Weekly updates on plant maintenance schedules allow traders to identify regional short or long positions.

  • Lubricant blenders

    Can access base oil spot prices by group, viscosity and region to negotiate the most appropriate term or spot contract price for procurement. The global overview allows 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 global base oil spot prices to inform the cost of base oil feedstocks for additive production. Pricing, market commentary, news and analysis provides an overview of the base oils 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.