Base Stocks

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

Lube Report Asia - February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

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Asia Base Oil Price Report

Lube Report Asia - February 26, 2021

The ongoing tight supply scenario has been aggravated by production outages and force majeure declarations in the United ...

2020 Set Records for Base Oil Volatility

2020 Set Records for Base Oil Volatility

Lube Report Americas - February 24, 2021

Clashing supply-demand dynamics resulted in record price volatility in the U.S. base oil market, an industry analyst obs ...


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

MonthImportsExports
Nov 20201,2302,928
Oct 20201,6523,370
Sep 20209863,098
Aug 20207903,450
Jul 20207473,147
Jun 20203272,657
May 20201,0681,885
Apr 20201,0241,916
Mar 20201,4353,844
Feb 20209202,853
Jan 20201,9842,817
Dec 20191,4762,932

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

MonthParaffinicNaphthenic
Nov 20204,660789
Oct 20204,280759
Sep 20203,829640
Aug 20203,877716
Jul 20204,183687
Jun 20203,670613
May 20203,372721
Apr 20203,906580
Mar 20203,906472
Feb 20202,929759
Jan 20204,225753
Dec 20194,552830

Source: U.S. Energy Information Admin


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U.S. Base Oil Price Report

Lube Report Americas - February 24, 2021

Two United States base oil producers declared force majeure, following unplanned shutdowns due to extreme winter weather ...

Luberef Touts Plan for Lubes Hub

Luberef Touts Plan for Lubes Hub

Lube Report EMEA - February 23, 2021

Luberef launched an initiative to encourage lubricant blenders to locate at a site adjacent to its base oil plant in Yan ...

Belarus Alters Route for Base Oil Exports

Belarus Alters Route for Base Oil Exports

Lube Report EMEA - February 23, 2021

Belarus has decided effectively to bypass Latvia and Lithuania as its main reloading ports for petrochemical exports, in ...

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EMEA Base Oil Price Report

Lube Report EMEA - February 23, 2021

Weather-related disruptions in Texas have caused a perfect storm for the base oil industry as new problems at multiple r ...

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Asia Base Oil Price Report

Lube Report Asia - February 19, 2021

The base oil market was gripped by fresh concerns about the global supply tightness, possibly exacerbated this week by w ...

Base Oil Supply Said to Depend on Fuels

Base Oil Supply Said to Depend on Fuels

Lube Report Americas - February 17, 2021

Base stock supply is likely to remain tight until demand for fuels picks up again, an industry insider told attendees of ...

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U.S. Base Oil Price Report

Lube Report Americas - February 17, 2021

Paraffinic and naphthenic base oil producers communicated price increases over the last several days, initiating a secon ...

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EMEA Base Oil Price Report

Lube Report EMEA - February 16, 2021

Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear aga ...

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Asia Base Oil Price Report

Lube Report Asia - February 12, 2021

The prevailing tight supply conditions and rising crude oil values triggered steeper spot price ideas, with buyers osten ...

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U.S. Base Oil Output Up for November

Lube Report Americas - February 10, 2021

The United States base oil market continued its recovery in November, producing 5.4 million barrels of base stocks, whic ...

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U.S. Base Oil Price Report

Lube Report Americas - February 10, 2021

Ongoing tight supply conditions, coupled with firming crude oil and feedstock prices, placed upward pressure on base oil ...

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EMEA Base Oil Price Report

Lube Report EMEA - February 9, 2021

The seasonal rise in demand that would normally take shape at this time of year appears as if it may pass by base oil ma ...

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Ukraine Faces Base Oil Shortage

Lube Report EMEA - February 9, 2021

Ukraine is bracing for limited availability of key base oil products through this summer as plants in Russia and Belarus ...

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Pandemic, Finances Burden Hydrodec

Lube Report EMEA - February 9, 2021

United Kingdom-based transformer oil rerefiner Hydrodec Group Plc continues working on a refinancing package for its pla ...