Base Stocks

Additive

Weekly Asia Base Oil Price Report

Lube Report BOR Asia - March 15, 2024

Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few ...

South Korea Base Oil Exports Fall

South Korea Base Oil Exports Fall

Lube Report Asia - March 15, 2024

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, accordin ...

Brazil Base Oil Output Up in January

Brazil Base Oil Output Up in January

Lube Report Americas - March 13, 2024

Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data relea ...


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

Month Imports Exports
Dec 2023 1,491 4,330
Nov 2023 1,314 4,153
Oct 2023 1,297 3,167
Sep 2023 1,167 3,454
Aug 2023 1,182 3,325
Jul 2023 1,360 3,616
Jun 2023 1,350 3,242
May 2023 1,488 4,088
Apr 2023 1,625 3,168
Mar 2023 1,345 4,095
Feb 2023 1,437 2,296
Jan 2023 1,225 2,780

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

Month Paraffinic Naphthenic
Dec 2023 4,280 754
Nov 2023 3,632 656
Oct 2023 3,712 691
Sep 2023 3,692 779
Aug 2023 4,168 611
Jul 2023 4,003 767
Jun 2023 3,522 672
May 2023 4,275 783
Apr 2023 3,858 789
Mar 2023 3,277 664
Feb 2023 3,416 580
Jan 2023 4,168 708

Source: U.S. Energy Information Admin


Additive

Cerilon to Use Chevron Technology

Lube Report Americas - March 13, 2024

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil a ...

Additive

Weekly U.S. Base Oil Price Report

Lube Report BOR Americas - March 13, 2024

To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged ...

Additive

Weekly EMEA Base Oil Price Report

Lube Report BOR EMEA - March 12, 2024

Base oil trading trends in Europe and the Middle East Gulf are diverging this week as buying activity picks up in the la ...

Fire Breaks Out at Port-Jerome Refinery

Fire Breaks Out at Port-Jerome Refinery

Lube Report EMEA - March 12, 2024

The status of base oil production at ExxonMobil’s refinery in Port-Jerome-sur-Seine, France, was unclear after a broke ...

India, China Biggest Base Oil Importers

India, China Biggest Base Oil Importers

Lube Report Asia - March 8, 2024

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst pr ...

Additive

Weekly Asia Base Oil Price Report

Lube Report BOR Asia - March 8, 2024

Improved demand and tighter supply supported spot prices, with some assessments moving up given few offers against bloss ...

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Weekly U.S. Base Oil Price Report

Lube Report BOR Americas - March 6, 2024

The month of March may be pivotal for the market, as business concluded over the next several days may be an indication ...

U.S. Base Oil Output Fell in 2023

U.S. Base Oil Output Fell in 2023

Lube Report Americas - March 6, 2024

Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in v ...

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Weekly EMEA Base Oil Price Report

Lube Report BOR EMEA - March 5, 2024

Base oil markets across the European, Middle Eastern and African regions are generally quiet, with demand subdued in man ...

Gear Up, Latin America

Gear Up, Latin America

Lubes'n'Greases - March 5, 2024

Are widely used gears oils able to meet the ever-increasing demands of the current Latin American market?

Synthetics: From Special to Commodity?

Synthetics: From Special to Commodity?

Lubes'n'Greases - March 5, 2024

Demand for synthetic lubricants has grown over the past few decades. Steve Haffner explores whether synthetics are becom ...

March Base Oil Report

March Base Oil Report

Lubes'n'Greases - March 5, 2024

Base oil fundamentals have been lackluster for months. Might the spring production cycle breathe some life into the mark ...

Base Oil Demand Described as Peaking

Base Oil Demand Described as Peaking

Lube Report EMEA - March 5, 2024

New emission standards and engine oil specifications are boosting demand for premium lubricant grades, while electric ve ...

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Luberef Earnings Fell in 2023

Lube Report EMEA - March 5, 2024

Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset ...