Commodities
US White Oil Prices Climb Amid Stable Demand and Higher Upstream Costs
US White Oil prices have seen an increase of 0.61% during the first week of September 2026, driven by stable beauty-sector demand and higher upstream costs.
The rise in WTI crude prices, which increased by approximately 3.59%, has strengthened replacement costs for imported finished material and supplier pricing leverage.
Refinery maintenance and lower availability of selected intermediates have added supply uncertainty, while White Oil demand remained stable across skincare, fragrance, and personal-care formulations.
The U.S. beauty-market growth provided a constructive underlying demand signal, with Circana identifying fragrance and skincare as leading categories during the first half of 2026.