Naphthenic

Base Oil Report

December 4, 2023

Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.

Brazil’s state-owned Petrobras announced Monday that it had terminated the sale of the Lubnor refinery to Grepar Participacoes, claiming that govern ...

Which factors stunted base oil production in the United States during the first half of this year?

Base Oil Report

November 1, 2023

Despite posted price increases in September, there has been a sense of anxiety hanging over the base oil market during the fourth quarter.

United States base oil production jumped 18% in August, marking the first year-on-year increase in production volume since January. Total base oil out ...

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

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 ...

The Unites States exported 22% less base oil in June, with the steepest drops occurring in exports to Colombia and Belgium, while base oil imports dec ...

Base Oil Report

September 6, 2023

After a rather slumberous spring and summer, activity in the base oil market has finally started to pick up.

Base oil production in the United States fell 20% in June, compared to the same month last year, according to government data released last Thursday. ...

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since last July, according to data rel ...

Base Oil Report

July 20, 2023

Gabriela Wheeler outlines the major factors that have placed downward pressure on base oil prices this year.

Base oil exports from the United States rose 11%, and imports increased 18% in April, according to data released by the U.S. Energy Information Admini ...

U.S. base oil production decreased 5% in April, compared to the same month last year, according to U.S. Energy Information Administration data. Output ...

A competition court in Brazil today approved Grepar Participacoes’ acquisition of the Lubnor refinery from Petrobras – a decision intended as the ...

Base Oil Report

June 14, 2023

The summer driving season usually ushers in increased base oil activity, but market dynamics this year have deviated from the norm.

Base oil production in the United States fell 29% in March to its lowest mark since February 2021, according to data released today by the U.S. Energy ...

Why has activity in the base oil market been unusually drowsy this year? Gabriela Wheeler explores the root causes.

Base Oil Report

May 1, 2023

Activity in the base oil market continues to be lethargic. Might a change be in store despite recent posted price decreases?

Base oil production in the United States increased 6% in January to the highest level in six months, according to data released March 31 by the U.S. E ...