Base Stocks

Trends in Base Stock Trading

February 1, 2023

Base oil marketing expert David Whitby answers questions about the most significant base oil trading patterns of the past three decades.

Might Latin America be on the cusp of increased base oil production capacity, or will its output dwindle in the coming years?

Base Oil Report: Pricing

February 1, 2023

Just when the base oil market seemed to be settling, the new year ushered in a round price decreases.

EMEA Base Oil Price Report

January 31, 2023

As the European, Middle Eastern and African base oil markets move into February, there are still no signs of a market resurgence. With but a few excep ...

Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker” of Motiva Enterprises – o ...

U.S. Base Oil Price Report

January 25, 2023

The posted price decreases implemented earlier this month seemed to have elicited the response that suppliers had hoped for as orders have picked up, ...

Lubricant consumption in Turkey increased 14% in 2021 as the country’s economy rebounded from early impacts of the COVID-19 pandemic, according to a ...

A coalition of the G-7 group of leading industrial nations, Australia and the European Union agreed Friday to introduce price caps on Russian petroleu ...

EMEA Base Oil Price Report

January 24, 2023

The outlook for base oil markets is cloudy at the moment due to several uncertainties as the industry approaches what is normally a ramp-up to the spr ...

South Korea base oil exports volume fell 27%, and the declared value of the exported base oil declined 19% in December, a government agency reported. ...

Petroleum products supplier Gandhar Oil Refinery has announced a plan to conduct an initial public stock offering in which it would aim to raise Rs 35 ...

In another twist of the Isla Refinery saga, Curacao government officials confirmed the preferred bidder seeking to operate the facility provided sever ...

U.S. Base Oil Price Report

January 18, 2023

The dust has begun to settle after a busy week of posted price announcements, although a couple of price reductions will be going into effect this wee ...

EMEA Base Oil Price Report

January 17, 2023

The post-holiday return to work has not yielded the purchasing spree that some expected. Lubricant companies were holding exceptionally low inventorie ...

U.S. Base Oil Price Report

January 11, 2023

Over the last few days, a vast majority of paraffinic producers and rerefiners communicated posted price decreases, shortly after SK Lubricants Americ ...

The United States imported 88% more base oil in October than in the same month in 2021, while exports for the month were flat, according to data relea ...

EMEA Base Oil Price Report

January 10, 2023

At long last, a degree of normality returned to base oil markets as workers returned to their desks following winter holidays. Lubricant blending oper ...

Brazil produced 46,000 metric tons of base oil in November, close to flat compared to the same month of 2021. Meanwhile imported base oil volume dropp ...

Base oil production in the United States dropped to 4.4 million barrels, the third straight month that the volume was below 5 million barrels, and 16% ...

U.S. Base Oil Price Report

January 4, 2023

The freezing winter storm that forced a number of United States refineries, natural gas wells and utility companies to close last week may have had a ...