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

Faltering demand, increasing availabilities, and a directional move toward oversupply of all types of base oils is leading to across-the-board price erosion throughout Europe, the Middle East and Africa. –by Ray Masson

EMEA Base Oil Price Report

Trading has remained slow as many buyers and sellers only returned to their desks this week. The API Group I segment appears to have tightened as fewer availabilities are being offered for large export sales from Europe while prices have firmed since the end of last year. –by Ray Masson

EMEA Base Oil Price Report

The sun has set on an eventful year for base oil markets in Europe, the Middle East and Africa, and 2019 opens with a significantly different outlook. –by Ray Masson

EMEA Base Oil Price Report

With operations winding down and sellers and buyers preparing to take leave, base oil markets throughout Europe, the Middle East and Africa are reaching their nadir and probably will not restart until the week of January 7. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets are entering the seasonal run-down period, when most lubricant blenders close their doors or shorten operating hours. In either case, purchases of significant quantities of base oils becomes a secondary task. –by Ray Masson

EMEA Base Oil Price Report

Base oil trading in Europe, the Middle East and Africa is slowing down ahead of the year’s end and the holiday season, as many operators are planning a two-week break from production. –by Ray Masson

EMEA Base Oil Price Report

For its year-end finale the European, Middle Eastern and African base oil markets are throwing up some very unusual events that have made the market a mixed bag at this time. –by Ray Masson

EMEA Base Oil Price Report

Base oil markets are bracing for what could be a stormy December, with prices already under downward pressure and inventories higher than most suppliers would want. –by Ray Masson

EMEA Base Oil Price Report

Prices in respect of all types of base oil are coming under mounting pressure from a number of factors, including lack of demand and escalating availabilities. –by Ray Masson

EMEA Base Oil Price Report

Availabilities continue to mount in some sectors of the base oil market within the European, Middle Eastern and African regions, with API Group I and Group III within Europe leading the way in this context. –by Ray Masson

EMEA Base Oil Price Report

What’s new this week in European, Middle Eastern and African base oil markets? The answer depends on which base oils one speaks of. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices softened over the past week in response to an oversupply that is growing for some grades, particularly API Group I grades within Europe. The situation is being exacerbated by plentiful supplies of Group II being offered as replacement for Group I. –by Ray Masson

EMEA Base Oil Price Report

Many base oil suppliers find themselves between a rock and a hard place this week as efforts to hike selling prices have been thwarted by falling demand and plentiful availabilities. –by Ray Masson

EMEA Base Oil Price Report

Loose availability continues to hold back prices for many base oils throughout Europe, the Middle East and African. Expanding supply and weak demand are squeezing margins for API Group I oils, while the flow of Group II in Europe continues to swell. –by Ray Masson

EMEA Base Oil Price Report

Base oil prices in Europe, the Middle East and Africa remained relatively stable in recent weeks, despite run-ups in in crude oil and feedstock costs that threaten to squeeze base oil margins. –by Ray Masson