Base Stocks

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Asia Base Oil Price Report

Lube Report Asia - July 23, 2021

After months of extremely tight supply conditions and continuous upward price adjustments, availability of certain base ...

India Cuts Palm Oil Import Duty

India Cuts Palm Oil Import Duty

Lube Report Asia - July 23, 2021

India implemented a temporary cut in the duty charged on palm oil imports, part of an effort to offset a sharp run-up in ...

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U.S. Base Oil Price Report

Lube Report Americas - July 21, 2021

The base oils market remains tight, demand has not let down as it typically does in mid-summer, and feedstock prices hov ...


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

Month Imports Exports
Apr 2021 1,460 2,902
Mar 2021 1,141 3,250
Feb 2021 1,039 2,601
Jan 2021 1,578 2,916
Dec 2020 1,046 3,080
Nov 2020 1,230 2,928
Oct 2020 1,652 3,370
Sep 2020 986 3,098
Aug 2020 790 3,450
Jul 2020 747 3,147
Jun 2020 327 2,657
May 2020 1,068 1,885

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

Month Paraffinic Naphthenic
Apr 2021 4,182 803
Mar 2021 3,701 759
Feb 2021 2,830 608
Jan 2021 4,357 797
Dec 2020 4,596 700
Nov 2020 4,660 789
Oct 2020 4,280 759
Sep 2020 3,829 640
Aug 2020 3,877 716
Jul 2020 4,183 687
Jun 2020 3,670 613
May 2020 3,372 721

Source: U.S. Energy Information Admin


Rosneft Sold Less Lubes in 2020

Rosneft Sold Less Lubes in 2020

Lube Report EMEA - July 20, 2021

Russian oil major Rosneft sold 1.05 million tons of base oils and lubricants in 2020, 4.5% less than the year before, ...

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EMEA Base Oil Price Report

Lube Report EMEA - July 20, 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 - July 16, 2021

The base oil supply and demand balance remained strained in Asia, although availability of a number of grades appeared t ...

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U.S. Base Oil Price Report

Lube Report Americas - July 14, 2021

Additional naphthenic base oil price increases went into effect during the week, as Ergon and San Joaquin Refining commu ...

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EMEA Base Oil Price Report

Lube Report EMEA - July 13, 2021

After a long, steep run-up price relief has come to at least parts of base oil markets in Europe, the Middle East and Af ...

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Asia Base Oil Price Report

Lube Report Asia - July 9, 2021

Gabriela Wheeler is away. Her column will reappear in the July 16 edition of Lube Report Asia.

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U.S. Base Oil Price Report

Lube Report Americas - July 7, 2021

Gabriela Wheeler is away. Her column will reappear in the July 14 edition of Lube Report Americas.

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EMEA Base Oil Price Report

Lube Report EMEA - July 6, 2021

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

Lukoil Makes More Finished Lubes

Lukoil Makes More Finished Lubes

Lube Report EMEA - July 6, 2021

Russian oil major Lukoil increased production at its standalone lubricant blending plants by 17% to 161,000 metric tons ...

Every Rose Has Its Thorn

Every Rose Has Its Thorn

Lubes'n'Greases - July 3, 2021

Base Oil Report: Pricing With base oil demand showing a strong recovery in the United States after slumping during t ...

How Low Can You Go?

How Low Can You Go?

Lubes'n'Greases - July 3, 2021

Base Oil Report: Trends As governments worldwide pass stricter standards to combat carbon dioxide emissions, lubrica ...

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Asia Base Oil Price Report

Lube Report Asia - July 2, 2021

For a few weeks, there had been expectations that base oil supply in Asia would start to lengthen as plant turnarounds w ...

South Korea Base Oil Exports Rise Again

South Korea Base Oil Exports Rise Again

Lube Report Asia - July 2, 2021

South Korea exported a larger volume of base oil in May than in the same month last year, marking the fourth consecutive ...

Profits Up for Savita, Down for Continental

Profits Up for Savita, Down for Continental

Lube Report Asia - July 2, 2021

For the quarter and fiscal year ending March 31, Savita Oil Technologies Ltd. reported higher net profit, while Continen ...