Conventional Base Stocks

U.S. Base Oil Output Down Again

U.S. Base Oil Output Down Again

January 4, 2023

Base oil production in the United States dropped to 4.4 million barrels, the third straight month that the volume was be ...

Base Oil Report: Pricing

Base Oil Report: Pricing

January 3, 2023

Despite the challenges to the base oil market in 2022, industry players are wishing for market stability during the New ...

Is the Future Bright for Bright Stock?

Is the Future Bright for Bright Stock?

January 3, 2023

Group I capacity has been dwindling for years and is expected to continue on a downhill slide. Is bright stock facing a ...

Additive

China Base Oil Output Tanked in 2022

December 30, 2022

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Informatio ...

Petrobras Group II Plant Plans Progress

Petrobras Group II Plant Plans Progress

December 28, 2022

Petrobras chose a concept on Dec. 22 for the base oil and fuel production units of its GasLub hub in Itaborai, Brazil, a ...

ExxonMobil Still Bullish on Group II

ExxonMobil Still Bullish on Group II

December 23, 2022

API Group II base oils will continue to be used in many applications for years to come, despite the move towards vehicle ...

Additive

U.S. Base Oil Price Report

December 21, 2022

The calendar year is winding down, but one company livened the base oil market a bit this week with an unusually late an ...

Gazprom Group II and III Plant Nearly Complete

Gazprom Group II and III Plant Nearly Complete

December 20, 2022

Gazpromneft-Lubricants’ new 220,000 metric tons per year API Group II and III base oil plant is almost completed, with ...

South Korea Base Oil Exports Fall

South Korea Base Oil Exports Fall

December 16, 2022

South Korean base oil exports decreased 23% in October, compared to the same month last year, while the declared value o ...

Additive

U.S. Base Oil Price Report

December 14, 2022

A seasonal slowdown in demand, the release of hurricane-related product provisions, and the return to production of a nu ...

Shell Acquires 49% Stake in Rerefiner

Shell Acquires 49% Stake in Rerefiner

December 7, 2022

Shell announced that its Pennzoil-Quaker State Co. purchased a 49% interest in Blue Tide Environmental LLC, which plans ...

Additive

U.S. Base Oil Price Report

December 7, 2022

Market participants agreed that it was difficult to forecast product needs for upcoming months as recent trends have not ...

Is U.S. Base Oil Production a Global Affair?

Is U.S. Base Oil Production a Global Affair?

December 1, 2022

Base oil production in the United States continues on the path to recovery, but the import and export scene has been sli ...

Base Oil Report: Pricing

Base Oil Report: Pricing

December 1, 2022

Once more, supply and demand do not match in the North American base oil market. What has caused the imbalance?

Base Oil Report: Trends

Base Oil Report: Trends

December 1, 2022

The global base oil market has been through a lot since 2020. How has it weathered the storm?

U.S. Base Oils Fall in September

U.S. Base Oils Fall in September

November 30, 2022

The United States’ base oil production declined 16% in September, and production for the first nine months of the year ...

Additive

U.S. Base Oil Price Report

November 30, 2022

Base oil prices remained exposed to downward price pressure as supply continued to outpace demand and crude oil values h ...

Luberef Plans IPO; Will Make Group III

Luberef Plans IPO; Will Make Group III

November 29, 2022

Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 ...