Monday, July 15, 2013   VOLUME 9 ISSUE 28  
FREE SUBSCRIPTION!
Back to the Newsletter
News Sponsored by Evonik
 News Sponsored by Evonik
News Sponsored by Afton Chemical
 News Sponsored by Afton Chemical
News Sponsored by Inter Lubric China
 News Sponsored by Inter Lubric China
Digital Book: LubriTec Synthetic Lube XRef - ED 5
Digital Book: LubriTec Synthetic Lube XRef - ED 5
Subscribe, Unsubscribe or Change Your Options
Click Here to Subscribe, Unsubscribe or Change Your Options
Argus Launches European Group II Base Oils Price Assessments

Global energy and commodity price reporting agency Argus announced last Friday it has launched assessments for European Group II base oils prices. According to Argus, these are the first assessments in Europe for Group II base oils.

Demand for higher-quality base oils is rising globally in response to increasingly stringent fuel efficiency and vehicle emission requirements.

Global production of Group II base oils is surging in response, everywhere from Asia-Pacific to the Mideast Gulf and the US. Europe is the exception, with production still focused on Group I base oils. This makes Europe a key destination for Group II base oils originating from markets such as the US and Asia-Pacific.

"As markets move towards higher quality Group II base oils and international trade in the product grows, the importance of a reliable pricing infrastructure to support such changes increases," Argus Media chairman and chief executive Adrian Binks said. "We are pleased to be the first to provide European Group II base oils spot price assessments to facilitate this development."

The new prices are published weekly in Argus Base Oils, a global report covering base oils prices in key markets around the world.

Argus, headquartered in London, has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends. Argus has 19 offices globally, including London, Houston, Washington, New York, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.


[PRINTER FRIENDLY VERSION]
Newsletter Sponsored by Lubrizol
 Newsletter Sponsored by Lubrizol
Reference Center

Global Lube Base Oil Specifications

API Group I
API Group II
API Group III
API Group IV
API Group V

Archive
July 8, 2013
July 1, 2013
June 24, 2013

[MORE]
Classifieds

Interested in posting a job position within your company to a targeted audience?


Circulation Audited by BPA Worldwide 

Please send all comments and correspondence to lubritec@aol.com.

Published by Lubrication Technologies, Inc.
Copyright © 2013 Lubrication Technologies, Inc.. All rights reserved.
FORWARD TO A COLLEAGUE
Privacy Policy
Powered by IMN