Conventional Base Stocks

Base oil demand has shown a healthy uptick over the last two weeks, as blenders bolster inventories for the summer driving season and ahead of the sta ...

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refining complex in Singapore – ...

Additional posted price decreases emerged within the Group II+ and API Group III categories during the week. SK Enmove announced that it would be lowe ...

United States base oil exports jumped by 60% in February, while base oil imports fell 34%, according to data released by the U.S. Energy Information A ...

Safety-Kleen Systems acquired Noble Oil Recycling, which collects used oil in the Eastern United States and has a North Carolina rerefinery that produ ...

Base oil production in the United States jumped 22% in February, compared to the same month last year, according to data released Tuesday by the U.S. ...

Following a round of posted price increases issued by a majority of paraffinic base oil producers in April, Motiva surprised the market with a price d ...

May Base Oil Report

April 30, 2024

Several base oil producers stepped out with price increase announcements in March. Might this movement be indicative of increasing demand?

According to base oil suppliers, the implementation of posted price increases appeared to have inhibited orders to a certain extent, as buyers were mo ...

A subsidiary of Chilean energy and forestry company Copec received approval from a local environmental authority to develop the nation’s largest use ...

A number of base oil suppliers have implemented posted price increases over the last two weeks, with a few others joining the round of initiatives thi ...

Several paraffinic base oil producers communicated posted price increases during the week, which were precipitated by climbing crude oil and feedstock ...

The United States’ base oil exports volume jumped 34% in January, while base oil imports rose 10%, according to data released by the U.S. Energy Inf ...

A tightening supply and demand scenario and firm crude oil and feedstock prices drove base oil producers to seek posted price increases over the last ...

Base oil production in the United States decreased 8% in January, while naphthenic base oil output sank 24% to its lowest mark in several years, accor ...

April Base Oil Report

April 1, 2024

A few posted price increases were announced in late February. Might these increases have been a bit premature?

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base oil production and finished lub ...

Several paraffinic base oil producers and rerefiners communicated posted price increases last week, with the increases going into effect between March ...

Motiva stepped out with a posted price increase late last week, with several other paraffinic base oil producers and rerefiners joining the bandwagon ...

To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged that activity was not yet at ...