Methodology

This is the ICIS pricing methodology for base oils. ICIS quotes base oils prices in Europe, Asia-Pacific, the Middle East and the US.

ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. Previous versions of this methodology can be found under Archived Documents. For a copy of an archived methodology document, please email Consultation@icis.com.

To find out more, please see Base Oils Methodology – 4 October 2024