Base Stocks

The shift towards better quality lubricants has resulted in slower growth in demand for esters that are used in lubricants, such as polyol esters and ...

EMEA Base Oil Price Report

October 17, 2023

Crude and feedstocks rallied early this week, with dated deliveries of Brent crude breaching the $90 level Monday, putting on around $3 from last week ...

Asia Base Oil Price Report

October 13, 2023

Volatility in crude oil markets triggered by the Hamas attack on Israel over the weekend added another degree of uncertainty to the base oils segment. ...

The United States exported 22% less base oil in July – as shipments to Colombia and Brazil plummeted – and imported 21% less, according to data re ...

U.S. Base Oil Price Report

October 11, 2023

Base oil market participants were keeping a close eye on crude oil futures, as values jumped early this week after deadly attacks on several Israeli t ...

Shell Lubricants acquired two product lines from United Kingdom-based M&I Materials Ltd. – one for synthetic and ester-based transformer fluids ...

EMEA Base Oil Price Report

October 10, 2023

Crude oil markets confounded nearly all forecasts last week, as prices took a surprising dive that saw dated deliveries of Brent crude sink below $80 ...

Asia Base Oil Price Report

October 6, 2023

Conditions in the Asia base oils market appeared fairly steady, as a balanced-to-tight supply and demand ratio and recent increases in feedstock price ...

U.S. Base Oil Price Report

October 4, 2023

Following the implementation of posted price increases during the second half of September, price action within the base oils market has turned quietâ ...

Base oil production in the United States declined 7% in July – continuing a year-long trend – although naphthenic production sported a 5% increase ...

Brazil’s base oil production plummeted 29%, while its base oil import volumes surged 55% in July, the National Agency of Petroleum, Natural Gas and ...

EMEA Base Oil Price Report

October 3, 2023

Base oil markets in Europe, the Middle East and Africa are anticipating increased demand for finished lubricants in the fourth quarter and therefore a ...

Base Oil Report

October 2, 2023

Several factors seemed to have helped keep the base oil supply overhang in check during the third quarter. Gabriela Wheeler explains what some of thos ...

Asia Base Oil Price Report

September 29, 2023

Base oil prices in Asia continued on an upward trek, with the exception of API Group III values, which have softened given fairly bland buying interes ...

U.S. Base Oil Price Report

September 27, 2023

The paraffinic posted price increases communicated by a vast majority of base oil producers and rerefiners over the last two weeks have now been imple ...

EMEA Base Oil Price Report

September 26, 2023

Fundamentals remain strong for base oils and base oil pricing, although crude oil and petroleum products have come off their recent highs, showing tha ...

South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the same month last year, the Korea C ...

Asia Base Oil Price Report

September 22, 2023

Tighter base oil supply and demand conditions, together with steep crude oil, fuels and feedstock prices were impacting pricing in Asia. Suppliers hav ...

ExxonMobil on Tuesday announced the startup of two new chemical production units at its Baytown, Texas manufacturing facility, including a linear alph ...

U.S. Base Oil Price Report

September 20, 2023

Motiva, ExxonMobil, Excel Paralubes, Holly-Frontier, Petro-Canada, Chevron, Calumet, Paulsboro, Safety-Kleen and Avista Oil communicated posted price ...