Base oils

Base oils

Base oils

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.

Featured content

  • Newsletter: your bi-weekly base oils update

    This free bi-weekly email alert contains the latest industry news, insight and analysis, sent directly to your inbox.
  • Brochure: Argus base oils annual review 2019

    Read the review to understand market trends that happened and factors that influenced the market over the past year.
  • White paper: IMO 2020 impact on the base oils market

    Base oils availability has been tighter-than-expected as more emphasis is placed on alternative fuels following the IMO sulphur cap.

Base oils key prices

Argus prices are recognised by the market as accurate and reliable indicators of the real market value. Explore some of our most widely used price assessments for base oils.
  • ARGUS Europe Group II fca ARA

    Argus Group II base oil assessments capture the latest changes in demand-supply fundamentals in the European market.
  • ARGUS Europe Group III (a) and (b)

    The only Group III assessments in the market that seek to differentiate Group III base oils with different approvals.
  • ARGUS USGC GI and GII bulk export

    A large volume of US base oil exports is referenced or indexed to Argus US Group I and Group II assessments in the region.
  • ARGUS USGC Group III domestic

    The prices are used by importers, distributors and blenders looking to purchase Group III base oils in the US.

Explore some of our services

  • ARGUS Base Oils

    The weekly Argus Base Oils service provides base oils spot prices, supplier-posted prices, market analysis and premiums for all the key markets globally.
  • ARGUS Americas Base Oils

    The Argus Americas Base Oils service provides weekly spot and posted prices, market news and analysis of the Americas base oils market.
  • ARGUS Base Oils Outlook

    Stay ahead of the curve with the Argus Base Oils Outlook service, which monthly forecasts key base oils prices up to 12 months into the future.
  • ARGUS China Base Oils

    The Argus China Base Oils service provides an overview of the week’s market activities, as well as detailed base oil price assessments and analysis in the northeast Asia base oil market.
  • ARGUS Global Waxes

    The Argus Global Waxes service is your trustworthy source of monthly global wax and supply updates.

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