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height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript><meta name="yandex-verification" content="62586cd589597c4c"/><main><div class="component "><div class="component-content"><div class="HeroBanner_heroBanner__S5yC9 navy"><img alt="base oil lubricant" loading="lazy" width="1600" height="530" decoding="async" data-nimg="1" class="HeroBanner_image__dejfl d-none d-lg-block qa-banner-image" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fmarket%2Fdesktop%2Fherobanner1600x530_baseoilsandwaxespage.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D-1%26hash%3D18B3F432401D47BA0C7D760BD4A607AA&w=1920&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fmarket%2Fdesktop%2Fherobanner1600x530_baseoilsandwaxespage.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D-1%26hash%3D18B3F432401D47BA0C7D760BD4A607AA&w=3840&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fmarket%2Fdesktop%2Fherobanner1600x530_baseoilsandwaxespage.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D-1%26hash%3D18B3F432401D47BA0C7D760BD4A607AA&w=3840&q=75"/><img alt="" loading="lazy" width="390" height="623" decoding="async" data-nimg="1" class="HeroBanner_image__dejfl d-lg-none qa-banner-image" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fmarket%2Fmobile%2Fherobanner390x620_baseoilsandwaxespage.jpg%3Fh%3D620%26iar%3D0%26w%3D390%26rev%3D-1%26hash%3DE451F9FCB342602ADF996C6D430B2411&w=640&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fmarket%2Fmobile%2Fherobanner390x620_baseoilsandwaxespage.jpg%3Fh%3D620%26iar%3D0%26w%3D390%26rev%3D-1%26hash%3DE451F9FCB342602ADF996C6D430B2411&w=828&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fimages%2F02-oil-products%2Fmarket%2Fmobile%2Fherobanner390x620_baseoilsandwaxespage.jpg%3Fh%3D620%26iar%3D0%26w%3D390%26rev%3D-1%26hash%3DE451F9FCB342602ADF996C6D430B2411&w=828&q=75"/><div class="HeroBanner_container___RcE5 container"><div class="row"><div class="col-12 col-lg-6 offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Base oils and waxes</h1><div class="h4 qa-banner-description">The leading source of reliable market intelligence for the global base oils and waxes markets</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our base oils and waxes products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#events" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related events</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta "></button></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#spotlight" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our base oils and waxes products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><a href="#events" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Related events</a></div></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>As the world pivots towards decarbonisation, challenges and opportunities loom for base oils production and demand. Staying on top of this market is more important than ever to realise these opportunities and mitigate pricing risk.<br /> <br /> Base oils market participants trust Argus to help them stay up to date on the latest developments and implications for their markets. Whether referring to our spot price assessments or attending our conferences, our insights keep you ahead of the curve. <br /> <br /> Our base oils and waxes market intelligence includes weekly global price and market reports, price forecasts and outlooks, as well as conferences and networking events.</p></div></div></div></div></div></div></div></div><div class="component component-padding navy " id="news"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-combinedfeed-title section-heading">Latest base oils and waxes news</h2><p class="qa-combinedfeed-description">Browse the latest market moving news on the global base oils and waxes market.</p></div></div><div aria-live="polite" class="Tabs_tabs__tVXxO secondary"><div class="qa-tabspanel-list Tabs_panel__uEe2n current" role="tabpanel"><p></p><div class="CombinedFeedPanel_cta__B_k4H position-center"><a href="https://www.argusmedia.com/en/news-and-insights/latest-market-news?filters=%7B%22language%22%3A%22%27en-gb%27%22%2C%22commodity%22%3A%22%27Biofuels%27%2C%27Base+Oil%27%2C%27Oil+Products%27%22%2C%22market%22%3A%22%27Base+Oil%27%2C%27Paraffin+Wax%27%22%7D&page=1" class="qa-combinedfeed-cta large cta" target="">View all base oils and waxes news</a></div></div></div></div></div></div><div class="component component-padding white" id="spotlight"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-spotlight-title section-heading">Spotlight content</h2><p class="qa-spotlight-description">Browse the latest thought leadership produced by our global team of experts.</p></div></div><div class="row"><div class="col-12 col-lg-7"><a class="ContentSpotlight_mainCard__gmD_r navy" href="/zh/news-and-insights/market-opinion-and-analysis-blog/rerefined-base-oils-as-a-marine-lubricant-for-decarbonisation"><img alt="" loading="lazy" width="795" height="437" decoding="async" data-nimg="1" class="ContentSpotlight_image__JfeEp" style="color:transparent" srcSet="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dzh%26hash%3D0C205A69CB860C3E3287B807AC5D49E9&w=828&q=75 1x, /_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dzh%26hash%3D0C205A69CB860C3E3287B807AC5D49E9&w=1920&q=75 2x" src="/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fnews-and-insights%2Fmarket-insight-papers%2Fgeneric-gradient-hero-banner_1600x530px.jpg%3Frev%3D-1%26la%3Dzh%26hash%3D0C205A69CB860C3E3287B807AC5D49E9&w=1920&q=75"/><div class="ContentSpotlight_content__pOAOI"><div><div class="qa-spotlight-main-category ContentSpotlight_categoryAndDateSection__JUPm2 h3"><span class="ContentSpotlight_category__5ON2k">Blog</span><span>24/01/31</span></div><div><h3 class="qa-spotlight-main-title h1 ContentSpotlight_heading__EHoK7">Re-refined base oils as a marine lubricant for decarbonisation</h3></div></div></div></a></div><div class="col-12 col-lg-5 ContentSpotlight_secondaryCards__btf7q"><a class="qa-spotlight-secondary-items ContentSpotlight_secondaryCard__G0wdY grey" href="/zh/news-and-insights/energy-and-commodity-podcasts/re-refined-base-oils-as-a-marine-lubricant-for-decarbonisation"><span class="qa-spotlight-secondary-category ContentSpotlight_categoryAndDate__Ajq0k sub-heading h5">Podcast - 24/01/31</span><h4 class="qa-spotlight-secondary-title h5 ContentSpotlight_secondaryCardHeading__OscUW">Re-refined base oils as a marine lubricant for decarbonisation</h4></a><a class="qa-spotlight-secondary-items ContentSpotlight_secondaryCard__G0wdY grey" href="/zh/news-and-insights/energy-and-commodity-podcasts/driving-discussions-recent-refinery-revelations"><span class="qa-spotlight-secondary-category ContentSpotlight_categoryAndDate__Ajq0k sub-heading h5">Podcast - 23/10/10</span><h4 class="qa-spotlight-secondary-title h5 ContentSpotlight_secondaryCardHeading__OscUW">Driving Discussions: Recent Refinery Revelations</h4></a><a class="qa-spotlight-secondary-items ContentSpotlight_secondaryCard__G0wdY grey" href="/zh/news-and-insights/energy-and-commodity-podcasts/driving-discussions-backwardation-and-rising-demand-in-the-us-midcontinent-market"><span class="qa-spotlight-secondary-category ContentSpotlight_categoryAndDate__Ajq0k sub-heading h5">Podcast - 23/05/09</span><h4 class="qa-spotlight-secondary-title h5 ContentSpotlight_secondaryCardHeading__OscUW">Driving Discussions: Backwardation and rising demand in the US midcontinent market</h4></a></div></div></div></div></div><div class="component component-padding navy " id="products"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="section-heading">Explore our base oils and waxes products</h2><p>Regular price and market insights, from spot prices to forecasts, for the global base oils and waxes markets.</p></div></div><div class="ProductListing_products__Uxsig row"><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-base-oils"><h3 class="sub-heading h2 d-none d-lg-block">Argus Base Oils</h3><h3 class="sub-heading h4 d-lg-none">Argus Base Oils</h3><div class="ProductListing_itemDescription__E7NK3">The essential weekly source of global spot base oils prices and analysis for timely decision-making.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-base-oils-outlook"><h3 class="sub-heading h2 d-none d-lg-block">Argus Base Oils Outlook</h3><h3 class="sub-heading h4 d-lg-none">Argus Base Oils Outlook</h3><div class="ProductListing_itemDescription__E7NK3">The leading source of base oils price forecasts and forward-looking analysis.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-china-base-oils"><h3 class="sub-heading h2 d-none d-lg-block">Argus China Base Oils</h3><h3 class="sub-heading h4 d-lg-none">Argus China Base Oils</h3><div class="ProductListing_itemDescription__E7NK3">Detailed base oil price assessments and analysis of the northeast Asia base oil market.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-6"><a class="ProductListing_itemLink__RVSjo white" href="/zh/solutions/products/argus-americas-base-oils"><h3 class="sub-heading h2 d-none d-lg-block">Argus Americas Base Oils</h3><h3 class="sub-heading h4 d-lg-none">Argus Americas Base Oils</h3><div class="ProductListing_itemDescription__E7NK3">A regionally focused spot price service providing prices, market commentary, news and analysis for timely decision-making.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="ProductListing_ctaContainer__U0Z9q"><a href="https://www.argusmedia.com/en/solutions/products?sortField=title&asc=1&page=1&filters=%7B%22commodity%22%3A%2281C108A23D514D87A24DAE6BFFC59358%22%2C%22market%22%3A%22212AB3BD12CD4FE5B9044F0AF66BC9E5%22%7D" class="cta large" target="">View all our base oils and waxes products</a></div></div></div></div></div><div class="component component-padding white" id="prices"><div class="component-content"><div class="container"><div class="row"><div class="ContentCarousel_intro__GOQMj col-12 col-lg-8 mx-auto"><h2 class="qa-contentcarousel-header">Key price assessments</h2><p class="qa-contentcarousel-description">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.</p></div></div></div><div class="ContentCarousel_carousel__skHV_"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div class="qa-slide-items current"><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-usgc-group-i-and-group-ii-fob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus USGC Group I and Group II fob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-base-oils-usgc-group-iii-domestic-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils USGC Group III domestic price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for premium-grade base oils sold in the US.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-base-oils-europe-group-iii-a-and-b-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group III (a) and (b) price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The only price assessments in the European market that differentiate Group III base oils with different approvals.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div class="qa-slide-items "><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-base-oils-europe-group-ii-fca-ara"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group II fca ARA</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">The price that captures the latest changes in demand-supply fundamentals.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div></div></div></div></div><div class="col-12 d-lg-none"><div class="Carousel_carousel__cxmDM pagination qa-slide-pagination"><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-usgc-group-i-and-group-ii-fob"><div><h3 class="h4 qa-contentcarousel-item-title">Argus USGC Group I and Group II fob</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Independent price assessments capturing the value of group I and II base oils exported from the US Gulf Coast.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-base-oils-usgc-group-iii-domestic-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils USGC Group III domestic price</h3><p class="ContentCarousel_text__B6H_a qa-contentcarousel-item-description">Reliable price assessments for premium-grade base oils sold in the US.</p></div><span class="cta undefined qa-contentcarousel-item-cta"></span></a></div><div><a class="ContentCarousel_card__dJMK_ qa-contentcarousel-items" href="/zh/methodology/key-commodity-prices/argus-base-oils-europe-group-iii-a-and-b-price"><div><h3 class="h4 qa-contentcarousel-item-title">Argus Base Oils Europe Group III (a) and (b) price</h3><p 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