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Base Oil

Global base oils arb outlook: Week of 10 March

3 Views10 Mar 2025 06:10
SUMMARY
  • Europe’s Group II base oils prices hold in narrow range vs Group I prices in first two months of 2025.
  • Europe Group II prices flip to premium to Europe Group III 4cSt (low) prices in Feb 2025 for first time since mid-2021.
  • Relative price-strength of Group II base oils points to firm supply-demand fundamentals vs Group I and Group III base oils.
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  • Global base oils arb outlook: Week of 10 March
    10 Mar 2025
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