Base Stocks

ExxonMobil Continues Group II Expansion
Reactor being installed as part of ExxonMobil’s base oil expansion in Singapore. Photo courtesy of ExxonMobil Asia Pacific

ExxonMobil Continues Group II Expansion

Lube Report Asia - July 1, 2022

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of ...

Ineos Adds Low-vis, High-vis PAOs

Ineos Adds Low-vis, High-vis PAOs

Lube Report Americas - June 29, 2022

Ineos Oligomers announced this week the startup of its new 120,000-metric-tons-per-year low viscosity polyalphaolefins u ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - June 29, 2022

With only a few days to go before the 4th of July holiday weekend and the summer driving season in full swing, lubricant ...


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

Month Imports Exports
Mar 2022 1,435 3,672
Feb 2022 1,306 2,552
Jan 2022 1,148 2,718
Dec 2021 1,240 3,043
Nov 2021 1,614 2,651
Oct 2021 1,168 2,925
Sep 2021 1,077 2,982
Aug 2021 2,407 3,746
Jul 2021 702 3,038
Jun 2021 1,534 3,728
May 2021 1,886 3,360
Apr 2021 1,460 2,902

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

Month Paraffinic Naphthenic
Mar 2022 4,437 697
Feb 2022 3,898 724
Jan 2022 3,885 716
Dec 2021 4,630 665
Nov 2021 4,063 745
Oct 2021 4,511 721
Sep 2021 4,699 816
Aug 2021 4,579 909
Jul 2021 4,713 902
Jun 2021 4,868 800
May 2021 4,661 905
Apr 2021 4,182 803

Source: U.S. Energy Information Admin


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EMEA Base Oil Price Report

Lube Report BOR EMEA - June 28, 2022

The newly reached European Union agreement for an embargo of Russian petroleum products and crude oil will have a huge e ...

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Exxon Predicts Fewer Base Oil Investments

Lube Report EMEA - June 28, 2022

An ExxonMobil official predicted Monday that the pace of openings of new base oil capacity will slow in coming years com ...

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Asia Base Oil Price Report

Lube Report BOR Asia - June 24, 2022

Several factors continued to exert pressure on spot base oil pricing in Asia, but some prices stabilized, while others s ...

Consortium Seeks Isla Refinery Deal

Consortium Seeks Isla Refinery Deal

Lube Report Americas - June 22, 2022

Refineria di Kursou, the Curacao government agency that owns the Isla Refinery, entered exclusive negotiations with a he ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - June 22, 2022

Additional posted price increases emerged this week on the back of last week’s producer-driven initiatives. All of the ...

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EMEA Base Oil Price Report

Lube Report BOR EMEA - June 21, 2022

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

South Korea Base Oil Exports Rise

South Korea Base Oil Exports Rise

Lube Report Asia - June 17, 2022

South Korea’s base oil export volumes rebounded in May, almost 20% higher than in the same month last year, ending a t ...

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Asia Base Oil Price Report

Lube Report BOR Asia - June 17, 2022

Base oil prices in Asia were stable to slightly higher on the back of soaring crude oil and feedstock values and balance ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - June 15, 2022

Several fresh price initiatives were reported this week on both the paraffinic and naphthenic sides of the base oils mar ...

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EMEA Base Oil Price Report

Lube Report BOR EMEA - June 14, 2022

The war in Ukraine rages on, and there are signs that the impacts on base oil markets could ramp up. Crude oil prices re ...

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Asia Base Oil Price Report

Lube Report BOR Asia - June 10, 2022

Lofty crude oil and feedstock prices continued to place pressure on base oil values, with suppliers adjusting spot prici ...

Brazil Base Oil Output Rises

Brazil Base Oil Output Rises

Lube Report Americas - June 8, 2022

Brazil’s base oil production – mainly API Group I – increased by 5% in April, while imports dropped by almost 30%, ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - June 8, 2022

Two increase initiatives emerged this week: One on the paraffinic side of the base oils market, and the other on the nap ...

Safety-Kleen Rebrands Base Oils

Safety-Kleen Rebrands Base Oils

Lube Report Americas - June 8, 2022

Safety-Kleen has rebranded its rerefined base oils, putting them under the Kleen+ name that emphasizes their reduced car ...