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White oil prices in the United States declined x.xxx during the week ending xx April xxxx, reversing recent cost-driven appreciation as crude oil feedstock economics softened sharply. The correction was primarily driven by a pronounced sell-off in benchmark crude values ahead of U.S.-Iran peace negotiations, accelerating domestic crude inventory accumulation, and a partial easing of geopolitical risk premiums that had previously underpinned elevated white oil pricing.

White oil is manufactured through the deep hydroprocessing and hydrofinishing of petroleum-derived base stocks, placing its production economics in direct and near-linear correlation with crude oil input costs. The reference week witnessed a significant deterioration in crude oil pricing 鈥� Brent futures settling at $xx.xx per barrel and WTI at $xx.xx per barrel on Friday, representing weekly declines of approximately xxx and xx.xx respectively鈥� as market participants unwound risk premiums accumulated during the Strait...