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Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.
The pace was more sedate in Asian base oil markets, entering the last month of the year. Spot prices for some grades cam ...
Brazil’s state-owned Petrobras announced Monday that it had terminated the sale of the Lubnor refinery to Grepar Parti ...
| Month | Imports | Exports |
|---|---|---|
| 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 |
| Dec 2022 | 1,615 | 1,797 |
| Nov 2022 | 967 | 2,351 |
| Oct 2022 | 2,202 | 2,874 |
| Sep 2022 | 1,496 | 2,284 |
Source: U.S. Energy Information Admin
| Month | Paraffinic | Naphthenic |
|---|---|---|
| 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 |
| Dec 2022 | 3,887 | 813 |
| Nov 2022 | 3,869 | 783 |
| Oct 2022 | 3,659 | 755 |
| Sep 2022 | 3,966 | 670 |
Source: U.S. Energy Information Admin
A number of paraffinic base oil producers joined the ranks of Chevron and Motiva, who had announced posted price decreas ...
Founded in 2002, Penthol has grown to become a leading player in the API Group I, Group II and Group III base oil market ...
Demand for all types of base oil has been falling the past week across Europe, the Middle East and Africa – especially ...
China has been a net base oil importer in the past few years, but supplies coming from abroad are decreasing as its dome ...
Business was starting to pick up in some countries following the celebration of the Diwali holiday, but the pace was gen ...
Chevron and Motiva communicated posted price decreases during the week, reflecting falling crude oil and feedstock price ...
Global news continues to be dominated by warring in Gaza and Ukraine, where innocent civilians are not only being killed ...
After being hammered by Western sanctions in 2022, Russian base oil exports have continued to fall this year as sanction ...
Base oil market activity was muted in some Asian countries due to the celebration of the Diwali festival, while in other ...
South Korea base oil exports rose 23% in volume and by 25% in declared value in October, according to data released this ...
Lengthening supply and softening demand were some of the concerns that base oil suppliers were facing as the year-end ho ...
The November issue delves into new regulations and monitoring of per- and polyfluoroalkyl substances, PFAS, and explains ...
The war between Israel and Hamas continues to have a destabilizing effect on energy markets, creating uncertainty for ba ...
The November issue delves into new regulations and monitoring of per- and polyfluoroalkyl substances, known as PFAS, and ...
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