Global base oils production capacity has surged across the globe over the past year following the start-up of a wave of new plants. But with the introduction of the IMO 0.5pc sulphur cap in January 2020, there could be strains on availability as some refiners place more emphasis on alternative fuels production, putting upward pressure on base oil prices. Staying on top of this market is more important than ever.
Argus base oils coverage provides base oils spot prices, supplier-posted prices, market analysis and premiums for all the key markets globally, as well as price analytics information on market relationships between base oils and VGO, crude and gasoil.
