Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few ...
South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, accordin ...
Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data relea ...
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
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
Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil a ...
To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged ...
Base oil trading trends in Europe and the Middle East Gulf are diverging this week as buying activity picks up in the la ...
The status of base oil production at ExxonMobil’s refinery in Port-Jerome-sur-Seine, France, was unclear after a broke ...
Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst pr ...
Improved demand and tighter supply supported spot prices, with some assessments moving up given few offers against bloss ...
The month of March may be pivotal for the market, as business concluded over the next several days may be an indication ...
Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in v ...
Base oil markets across the European, Middle Eastern and African regions are generally quiet, with demand subdued in man ...
Are widely used gears oils able to meet the ever-increasing demands of the current Latin American market?
Demand for synthetic lubricants has grown over the past few decades. Steve Haffner explores whether synthetics are becom ...
Base oil fundamentals have been lackluster for months. Might the spring production cycle breathe some life into the mark ...
New emission standards and engine oil specifications are boosting demand for premium lubricant grades, while electric ve ...
Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset ...
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