Conventional Base Stocks

The COVID-19 pandemic triggered a long, large, global run-up in base oil prices, as well as profit margins, with the latter increasing anywhere from t ...

U.S. Base Oil Price Report

February 9, 2022

Naphthenic base oil price increases will be going into effect this week, after several producers nominated 25 cents-per-gallon hikes on the back of st ...

The COVID-19 pandemic triggered a long, large, global run-up in base oil prices, as well as profit margins, with the latter increasing anywhere from t ...

The COVID-19 pandemic triggered a long, large, global run-up in base oil prices, as well as profit margins, with the latter increasing anywhere from t ...

The United States produced 4.8 million barrels of base oil in November, 11% less than in the same month in 2020, but matched the November 2019 total, ...

U.S. Base Oil Price Report

February 2, 2022

Several naphthenic base oil producers have communicated price increases, driven by rising crude oil and feedstock prices, together with a tightening s ...

The pandemic wreaked havoc on the base oil market, but rerefiners may have emerged stronger than ever.

As the Pendulum Swings

February 1, 2022

The COVID-19 pandemic led to sharp changes in base oil pricing and margins. Will the market settle into a new post-pandemic norm, and what might that ...

Base Oil Report: Pricing

February 1, 2022

Whether 2022 brings the base oil market hardship, prosperity or a combination of the two remains a mystery, but the industry is up for whatever may co ...

Base Oil Report: Trends

February 1, 2022

Ray Masson tells the tale of how modern base oils came to be.

Steve Swedberg discusses which types of base oils are available to the lubricants industry and how they can be used.

Eneos Corp., said this week that it will close its refinery in Wakayama, Japan – which includes a base oil plant – by 2023. Combined with previous ...

U.S. Base Oil Price Report

January 26, 2022

Base oil and lubricant producers faced challenging conditions such as employee absences and labor shortages as a result of the pandemic and the rapid ...

South Korea exported more than 400,000 metric tons of base oil at a value of more than $425 million in December, marking the fourth consecutive month ...

U.S. Base Oil Price Report

January 19, 2022

The onslaught of the Omicron coronavirus variant and persistent supply chain disruptions continued to cause headaches and shipment delays in base oil ...

After years of reduced production, Mexico’s government wants state-owned Petroleos Mexicanos to raise its output of base oil, part of a strategy to ...

U.S. Base Oil Price Report

January 12, 2022

Base oil demand was fairly steady, but not robust as most buyers were still trying to assess product needs for the next few months. With uncertainties ...

The United States produced 5.2 million barrels of base oil in October, a 4% increase from the same month in 2020 and just shy of the October 2019 tota ...

U.S. Base Oil Price Report

January 5, 2022

Activity was anticipated to perk up during the week following the New Year’s holiday, with industry participants getting ready to face ongoing chall ...

Poland’s Lotos Group recently awarded an engineering, procurement and construction contract for an upgrade and expansion of its base oil plant in Gd ...