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Lubricant demand in the Asia-Pacific region is expected to grow out to 2035, driven by an expanding middle class in Indi ...
Shell has decided not to build an API Group II base oil plant at its Singapore fuels and chemicals complex, according to ...
API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply ...
| Month | Imports | Exports |
|---|---|---|
| Dec 2022 | 1,615 | 1,797 |
| Nov 2022 | 967 | 2,351 |
| Oct 2022 | 2,202 | 2,874 |
| Sep 2022 | 1,496 | 2,284 |
| Aug 2022 | 1,710 | 2,196 |
| Jul 2022 | 1,721 | 3,853 |
| Jun 2022 | 1,392 | 3,293 |
| May 2022 | 1,514 | 3,674 |
| Apr 2022 | 1,376 | 2,852 |
| Mar 2022 | 1,435 | 3,672 |
| Feb 2022 | 1,306 | 2,552 |
| Jan 2022 | 1,148 | 2,718 |
Source: U.S. Energy Information Admin
| Month | Paraffinic | Naphthenic |
|---|---|---|
| Dec 2022 | 3,887 | 813 |
| Nov 2022 | 3,869 | 783 |
| Oct 2022 | 3,659 | 755 |
| Sep 2022 | 3,966 | 670 |
| Aug 2022 | 3,357 | 690 |
| Jul 2022 | 4,352 | 749 |
| Jun 2022 | 4,329 | 888 |
| May 2022 | 4,638 | 893 |
| Apr 2022 | 4,068 | 822 |
| Mar 2022 | 4,437 | 697 |
| Feb 2022 | 3,898 | 724 |
| Jan 2022 | 3,885 | 716 |
Source: U.S. Energy Information Admin
Chevron and SK enmove communicated posted price decreases this week, which will go into effect on March 28 and April 1, ...
Georgia imported 22,000 metric tons of finished lubricants in 2022, a 15% increase from 19,000 tons in 2021, according t ...
European base oil buyers are still reticent to purchase large quantities of any type of base stock – even to replenish ...
The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I ...
Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycli ...
API Group I and II base oil availability in South America increased in 2022 due to low prices in Asia-Pacific and the Un ...
While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the ...
Lackluster demand continued to exert pressure on base oil prices, as market uncertainties weighed on business and lubric ...
Buying activity is starting to pick up in European, Middle Eastern and African base oil markets following an extremely l ...
South Korea exported 29% more base oil in February, and the recorded value of those shipments jumped 36%, compared to re ...
Base oil exports from the United States fell 6% in 2022, while imports rose by the same amount, according to U.S. Energy ...
Market participants seemed slightly perplexed at the fact that base oil demand has not been as strong as expected ahead ...
Calumet Specialty Products Partners L.P. trimmed its losses while increasing sales revenue for the quarter ending Dec. 3 ...
The economy is a growing concern for base oil markets throughout Europe, the Middle East and Africa as the stubbornness ...
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