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

Base oil markets throughout Europe, the Middle East and Africa are stable, but local issues are affecting prices and availabilities in some regions. Europe availabilities have tightened, and the tensions with Iran loom as a potential threat to raw material costs. –by Ray Masson

EMEA Base Oil Price Report

Europe, Middle East and Africa base oil prices are stable. There were some attempts to raise prices in export offers, but these offers were negotiated back down to existing levels. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices in Europe, the Middle East and Africa are mostly stable, with a few exceptions, thanks to lower crude and feedstock prices. That stability may already be coming under pressure, though, since crude prices have already rebounded. –by Ray Masson

EMEA Base Oil Price Report

A degree of stability has settled over API Group I trade around Europe, the Middle East and Africa, with slightly increased demand and reduced production bringing the segment close to balance. –by Ray Masson

EMEA Base Oil Price Report

Prices for API Group I base oils are mostly stable throughout Europe, the Middle East and Africa, thanks to a number of interlinked developments that have altered supply-demand balances – to the point that some sources are even forecasting shortages. –by Ray Masson

EMEA Base Oil Price Report

The conundrum facing base oil refiners may have been partly solved by the sudden slide in crude and feedstock prices, which alleviated the need to raise base oil prices in order to attain acceptable margins. –by Ray Masson

EMEA Base Oil Price Report

The scenes for base oil markets in Europe, the Middle East and Africa have become more varied recently with Europe turning relatively more stable while prices fluctuate in the Middle East and Africa based on local conditions. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets throughout Europe, the Middle East and Africa are in flux at the moment, with API Group I oils stabilizing while Group II and III continue to face downward pricing pressure. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets throughout Europe, the Middle East and Africa are finding their feet again after a season of poor demand coupled with copious availabilities of all types of base oil. Business is slowing in areas that celebrate Ramadan, and with the summer vacation season kicking off in June, the market may not return to normal until September. –by Ray Masson

EMEA Base Oil Price Report

An air of quiet concern circulated among base oil suppliers this week as trading remained cooled by Mayday holidays and Ramadan and demand still below expected levels. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices reportedly remain under downward pressure throughout Europe, the Middle East and Africa as buyers appear to have the upper hand. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices across Europe, the Middle East and Africa remain weak with continuing pressure from a general oversupply affecting all sectors to varying degrees. –by Ray Masson

EMEA Base Oil Price Report

The Easter holidays intruded on base oil markets this week, as many buyers and sellers vacated their desks to leave business transacting at a slower pace than normal. Most prices in Europe, the Middle East and Africa remained static. –by Ray Masson

EMEA Base Oil Price Report

Group I prices showed signs of leveling off the past few days, but Group II sellers are aggressively protecting or seeking market shares while the Group III segment shows signs of tightening for the moment but still looks like a buyers’ market long term. –by Ray Masson

EMEA Base Oil Price Report

API Group II and III base oils continued facing downward pricing pressure, thanks to wide availability and competition between suppliers. European Group I exports appear more balanced, but prices within Europe declined. –by Ray Masson