LNG Publishing Company

Ray Masson

Ray Masson

Contributing Columnist

Ray Masson is director of Pumacrown Ltd., a trader and broker of petroleum products in London, U.K. 

You can reach him directly at pumacrown@email.com.

Recent Articles

EMEA Base Oil Price Report

Prices for API Group I base oils continue to come under pressure from a wave of availability that is building slowly but surely towards the year’s end. – by Ray Masson

EMEA Base Oil Price Report

The seasonal downturn in base oil trading has started, with many buyers backing off on large orders, inclined to take smaller parcels so as to minimize inventory in the run-up to the year’s end. – by Ray Masson

EMEA Base Oil Price Report

API Group I base oils appear balanced, but Group II stocks are showing signs of downward pricing pressure, while Group IIIs are already being squeezed. – by Ray Masson

EMEA Base Oil Price Report

Base oil prices for API Group I and Group II appear to be under pressure in Europe, the Middle East and Africa amid export competition, while Group III is in the midst of an oversupply situation. – by Ray Masson

EMEA Base Oil Price Report

Base oil prices appeared to stabilize the past week across Europe, the Middle East and Africa as only API Group III stocks still show signs of weakening. – by Ray Masson

EMEA Base Oil Price Report

Base oil prices appear weaker across Europe, the Middle East and Africa except for the API Group II sector, where suppliers attempted to impose markups of around $10 per metric ton from Oct. 1. – by Ray Masson

EMEA Base Oil Price Report

Base oil prices are coming under pressure from a variety of factors that differ depending on category. API Group I prices are being squeezed by demand reductions that may be part of a seasonal cycle or signs of economic downturns in major markets such as Germany, Italy and Spain. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices throughout Europe, the Middle East and Africa have remained relatively unaffected by recent run-ups in crude and petroleum product prices. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices across Europe, the Middle East and Africa were flat again the past week. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets are steady this week, with few price pressures from the raw material side, given that fundamentals have remained relatively flat. Pockets of activity are developing, both in regional markets and for export cargoes loaded for markets such as West Africa. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets are getting back to some form of normality as buyers and sellers returned to work this week after summer holidays. Activity seems slow so far, but perhaps the coming days will yield some signal about the direction of the markets. –by Ray Masson

EMEA Base Oil Price Report

As the holiday season nears an end, base oil markets around Europe, the Middle East and Africa are beginning to show signs of normal activity with a number of enquiries for export and domestic regional sales being pushed around the market. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets in Europe, the Middle East and Africa have been relatively quiet over the last week, due mainly to the holiday period being in full swing, leading to little price movement across all grades. –by Ray Masson

EMEA Base Oil Price Report

Buyers and sellers are thin on the ground this week throughout European, Middle Eastern and African base oil markets, but those still in attendance are working diligently to get deals done during August. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets in Europe, the Middle East and Africa have gone almost into limbo now, with many key players away on vacation and blending plants closed or operating on reduced schedules. –by Ray Masson