Base oil Loading... : Investor Sentiment and Bull/Bear Views
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06:23
Jun 15
Jun 15
Base oil shortage to persist for months.
The conflict has caused severe disruption in base oil supply, with 40% of certain grades coming from the Middle East and currently in very short supply. It will take 60 days to six months or more for supply chains to normalize, keeping base oil markets tight. This supply shortage is likely to keep prices elevated.
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About Base oil Investor Commentary
Across the available history and selected sources, Buzzberg tracks Base oil across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Rebecca Liebert.