Base Stocks

Is U.S. Base Oil Production a Global Affair?
© Retouch man; Alexander Lysenko; lianez; World Day

Is U.S. Base Oil Production a Global Affair?

Lubes'n'Greases - December 1, 2022

Base oil production in the United States continues on the path to recovery, but the import and export scene has been sli ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - December 1, 2022

Once more, supply and demand do not match in the North American base oil market. What has caused the imbalance?

Base Oil Report: Trends

Base Oil Report: Trends

Lubes'n'Greases - December 1, 2022

The global base oil market has been through a lot since 2020. How has it weathered the storm?


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

Month Imports Exports
Aug 2022 1,710 2,196
Jul 2022 1,721 3,853
Jun 2022 1,392 3,293
May 2022 1,514 3,674
Apr 2022 1,376 2,852
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

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

Month Paraffinic Naphthenic
Aug 2022 3,357 690
Jul 2022 4,352 749
Jun 2022 4,329 888
May 2022 4,638 893
Apr 2022 4,068 822
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

Source: U.S. Energy Information Admin


U.S. Base Oils Fall in September

U.S. Base Oils Fall in September

Lube Report Americas - November 30, 2022

The United States’ base oil production declined 16% in September, and production for the first nine months of the year ...

Additive

U.S. Base Oil Price Report

Lube Report BOR Americas - November 30, 2022

Base oil prices remained exposed to downward price pressure as supply continued to outpace demand and crude oil values h ...

Additive

EMEA Base Oil Price Report

Lube Report BOR EMEA - November 29, 2022

Base oil markets throughout Europe, the Middle East and Africa are desperately quiet, with weak demand across the board. ...

Luberef Plans IPO; Will Make Group III

Luberef Plans IPO; Will Make Group III

Lube Report EMEA - November 29, 2022

Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 ...

South Korea Base Oil Exports Fall

South Korea Base Oil Exports Fall

Lube Report Asia - November 25, 2022

South Korea exported 23% less base oil volume in October, and the declared value of the exports was down 14%, compared t ...

Results up for Clean Harbors, Vertex

Results up for Clean Harbors, Vertex

Lube Report Americas - November 23, 2022

Clean Harbors’ Safety-Kleen segment continued its run of rising revenues with another strong quarter for the quarter e ...

Additive

U.S. Base Oil Price Report

Lube Report BOR Americas - November 23, 2022

Market participants kept an eye on transportation this week, as historically low water levels on the Mississippi River a ...

Additive

EMEA Base Oil Price Report

Lube Report BOR EMEA - November 22, 2022

The oversupply of base oils that rapidly developed during the third quarter now appears to be gradually defusing, thanks ...

Profits Up for Valvoline

Profits Up for Valvoline

Lube Report Americas - November 16, 2022

Valvoline’s new business model – following the August announcement of the sale of its lubes unit to Saudi Aramco – ...

U.S. Base Oil Exports, Imports Fall

U.S. Base Oil Exports, Imports Fall

Lube Report Americas - November 16, 2022

The United States’ exports of base oil experienced a 41% year-to-year plunge in August – to the lowest volume since ...

Additive

U.S. Base Oil Price Report

Lube Report BOR Americas - November 16, 2022

Unlike cryptocurrency markets, the base oils sector navigated through fairly smooth waters this week, with posted prices ...

Additive

EMEA Base Oil Price Report

Lube Report BOR EMEA - November 15, 2022

Globally, demand for base oils and finished lubricants is largely down from previous years, even from late-year performa ...

Profits Down for HF Sinclair, Quaker

Profits Down for HF Sinclair, Quaker

Lube Report Americas - November 9, 2022

HF Sinclair’s lubricants and specialty product segment reported a $5 million loss from operations in the third quarter ...

Puraglobe Moves Forward on U.S. Rerefinery

Puraglobe Moves Forward on U.S. Rerefinery

Lube Report Americas - November 9, 2022

Plans for a rerefinery in Tampa, Florida were on the books for so long, the industry could be forgiven for considering t ...