Base Stocks

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Weekly Americas Base Oil Price Report

December 11, 2024

Base oil prices were steady in the United States this week, as demand remained flat and suppliers preferred to keep offe ...

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Weekly Asia Base Oil Price Report

December 9, 2024

In the absence of decisive trading activity, base oil prices were steady with only a couple of grades showing upward rev ...

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Weekly Americas Base Oil Price Report

December 4, 2024

Mounting supplies and the need to clear inventories ahead of year-end continued to exert downward pressure on some base ...


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

Month Imports Exports
Mar 2024 1,448 4,755
Feb 2024 952 3,674
Jan 2024 1,349 3,711
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

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

Month Paraffinic Naphthenic
Mar 2024 4,351 773
Feb 2024 4,112 742
Jan 2024 3,968 535
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

Source: U.S. Energy Information Admin


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Weekly EMEA Base Oil Price Report

December 3, 2024

Departing from normal seasonal cycles, there are few indications of base oil refiners looking to sell off inventory prio ...

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Weekly Asia Base Oil Price Report

December 3, 2024

There has been a general decline in base oil consumption levels as the year-end approaches and downstream lubricant dema ...

December Base Oil Report

December Base Oil Report

December 2, 2024

As the year is nearing its end, base oil prices are edging down. Gabriela Wheeler explains why.

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Weekly Americas Base Oil Price Report

November 27, 2024

A base oil producer and a rerefiner have joined the cadre of suppliers that have decreased posted prices over the last s ...

ReGen III Secures More Funding

ReGen III Secures More Funding

November 27, 2024

Waste oil rerefiner ReGen III aims to be the world’s largest producer of regenerated API Group III base oil when the ...

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Weekly EMEA Base Oil Price Report

November 26, 2024

The headline-grabbing geopolitical events during the past few days may have implications for energy markets and, more sp ...

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Weekly Asia Base Oil Price Report

November 25, 2024

Some base oil segments continued to see steady demand as uptake from a few downstream applications was fairly brisk whil ...

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Americas Weekly Base Oil Price Report

November 20, 2024

A majority of producers and rerefiners have decreased posted prices, with Safety-Kleen communicating a fresh decrease th ...

Denmark Refinery Undergoing Expansion

Denmark Refinery Undergoing Expansion

November 20, 2024

Madrid – Avista Green will undertake an expansion of its used lubricant rerefinery in Kalundborg, Denmark, and aims to ...

Pentas Flora Upgrades Rerefinery

Pentas Flora Upgrades Rerefinery

November 20, 2024

View from Banting, Malaysia, site of Pentas Flora’s waste oil rerefinery.

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Chile Mandates Lubricant Recycling

November 20, 2024

Chile recently adopted an extended responsibility law that will require lubricant suppliers to ensure that their product ...

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Less Cash for South Korea Base Oils

November 20, 2024

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell ...

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Weekly EMEA Base Oil Price Report

November 19, 2024

Base oil prices are generally weaker across all groups and in every region. API Group I values are coming under the most ...

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Weekly Asia Base Oil Price Report

November 18, 2024

The pace of business slowed in many Asian countries, as buyers preferred to end the year with lean base oil inventories ...