Base Stocks

Earnings at Quaker Chemical and HF Sinclair’s lubricants and specialty segment rose for the third quarter ended Sept. 30 despite small dips in reven ...

EMEA Base Oil Price Report

November 7, 2023

The increasing hostilities in and around the Gaza Strip are severely disrupting base oil supply lines in the area, and lubricant blending operations i ...

The SK Enmove base oils and lubricants business, S-Oil’s base oils and lubricants business and joint venture Hyundai Shell Base Oil all suffered dou ...

Asia Base Oil Price Report

November 3, 2023

Some countries in Asia were starting to follow the typical pattern where base oil demand starts to decline towards the end of the year, while others s ...

Which factors stunted base oil production in the United States during the first half of this year?

Base Oil Report

November 1, 2023

Despite posted price increases in September, there has been a sense of anxiety hanging over the base oil market during the fourth quarter.

Brazil’s base oil production plummeted 51%, and the country’s base oil imports volume fell 23% in September, according to government agency data r ...

U.S. Base Oil Price Report

November 1, 2023

While there were ongoing concerns about crude oil price volatility, the possibility that the base oils market would become oversupplied before the end ...

United States base oil production jumped 18% in August, marking the first year-on-year increase in production volume since January. Total base oil out ...

EMEA Base Oil Price Report

October 31, 2023

Israel’s campaign in the Palestinian territories ramped up the past week, stoking fears that the fighting could spread into a wider conflict involvi ...

Asia Base Oil Price Report

October 27, 2023

Base oil market players were somewhat relieved that crude oil futures have slipped from recent highs, but the ongoing Russian war on Ukraine and the I ...

Eneos Corp. this month permanently closed its crude oil refinery in Arida city, Wakayama prefecture, Japan, including its largest remaining base oil p ...

China’s government announced last month a four-year extension of a consumption tax exemption for petroleum products made from recycled waste mineral ...

U.S. Base Oil Price Report

October 25, 2023

Market players remained vigilant of crude oil and feedstock prices, as these were the factors most likely to influence base oil pricing in coming week ...

At least some lubricant manufacturers in Mexico were said to be scrambling with disruptions in base oil deliveries after the nation’s president impo ...

EMEA Base Oil Price Report

October 24, 2023

The armed conflicts in Ukraine and the Middle East are at different stages, but both are helping to push up crude oil prices. As long as they continue ...

South Korea exported 21% less base oil in September, and the reported value of those shipments fell 34%, a government agency reported.

Asia Base Oil Price Report

October 20, 2023

The upward price movement that most base oils have experienced over the last several weeks persisted in Asia, but seemed to be stalling, as supply was ...

India’s Savita Oil Technologies Ltd. commissioned a new synthetic ester manufacturing plant, citing opportunities in new product categories and the ...

U.S. Base Oil Price Report

October 18, 2023

Largely balanced supply and demand conditions offered support to current base oil postings in the United States, but recent volatility in crude oil an ...