ICIS Pricing Launches New Weekly Regional Price Assessments for Middle East Base Oils

SINGAPORE, July 5, 2011 /PRNewswire/ --

ICIS pricing, the leading price reporting service for the global chemical industry, has expanded its coverage on the global base oil market with the launch of weekly Middle East price assessments in the new Middle East Base Oils report.

ICIS pricing weekly Base Oils price reports covering Asia, China, Europe and the US markets are already widely used as references for settling transaction prices. The full range of base oil price reports provides market players with independent pricing and market information that helps them understand the complexities of the market in order to make solid commercial decisions.

The new report covers SN150 and SN500 base oil spot prices for CFR UAE, and list prices on Iran Sepahan Oil SN500 for FOB Iran and CFR UAE, as well as extensive commentary on base oil and lubricants market activities in the Middle East.

Request a sample copy of the ICIS Middle East Base Oils report from ICIS pricing at http://www.icis.com/ME_Baseoilsor by emailing sales.ap@icis.com.

Notesto Editors:

ICIS pricing

ICIS pricing, http://www.icispricing.com, an independent pricing and market intelligence service from ICIS, provides chemical and oil markets with reports published daily, weekly or monthly on more than 120 products. The pricing information is gathered by teams of experienced reporters in London, Houston, Singapore and Shanghai to offer the most complete, authoritative and up-to-the minute independent market information available. For further information on ICIS pricing and ICIS, please visit http://www.icis.com.

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For further information please contact:
Janice Lee
ICIS pricing
tel: +65-6780-4395
email: Janice.H.Lee@icis.com