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Summer Demand Supports Base Oil Prices—But U.S. Output Cuts Could Shift the Outlook For now, base oil prices are holding steady, supported by seasonal demand for lubricants, particularly in the automotive and industrial sectors. Recent market strength reflects increased summer consumption and optimism surrounding global trade developments. However, lubricant producers and traders in the UAE […]

Dubai: Despite rising geopolitical tensions between Israel and Iran, the base oil market has exhibited steady behavior, mirroring global trends in crude oil. After a brief price spike, energy markets have cooled, and crude benchmarks such as Brent and WTI are now trading lower — Brent is just below $67 and WTI is near $65.

Dubai: Base Oil Markets React to Rising Geopolitical Tensions Base oil prices continued to edge higher on Monday, following a brief spike driven by renewed tensions between Israel and Iran. The escalation raised growing concerns over potential disruptions to crude supply—critical for base oil production. The market saw a sudden spike as traders assessed the

In April 2025, base oil prices in the UAE remained unchanged, as the market showed little to no change. Both Group I and Group II base oils had no price changes during the month, as the market did not see any fluctuation the whole month. But, prices might decline in May 2025. That’s because the

Today, regular cars and old-style factories don’t need as much lubricant as before, because new machines are more efficient and many cars are electric. Thus, the need for lubricants is still growing in fast-growing industries that use a lot of energy. This gives new chances for lubricant companies to grow. As more data centers are

The need for synthetic lubricants is growing every year. Companies that export lubricants are working hard to make sure people get what they need on time. This helps more people want to buy them. In the UAE, lubricants are helping the market grow, and the industry is fully focused on keeping that growth going in

When a conflict breaks out between two big oil-related countries like Israel and Iran, it doesn’t just affect them—it shakes up the entire world. One of the biggest industries feeling the pressure is the lubricants market. Even if no oil tanks are hit, just the fear of war can cause oil prices to jump, shipping

Many lubricant companies are starting to stop using certain chemicals called PFAS. That’s because there are new environmental rules, and more people want products that are safer and better for the planet. PFAS were once very important in making strong, high-performance lubricants—used in things like airplanes, electronics, food machinery, and places with really hot or

The lubricants market in the Middle East is still pretty new compared to other places, but it is growing fast. It is expected to get 2% bigger from 2019 to 2024, and 6.5% bigger from 2019 to 2026. It could be worth about 2.14 billion US dollars. What does this mean for the industry and