Conventional Base Stocks

Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic production and imports both rose y ...

Clean Harbors’ Safety-Kleen Sustainability Solutions segment and rerefiner Heritage-Crystal Clean’s oil business segment both reported higher sale ...

Shell announced it acquired a 49% stake in Blue Tide Environmental, a rerefiner with a gleaming new rerefinery and collection network.

Base Oil Report: Pricing

March 1, 2023

Are falling base oil prices and the beginning of the spring season ushering in an uptick of activity in the base oil market?

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will increase capacity by 230,000 m ...

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth quarter, and operating profit for ...

An upgrade of a base oil plant in Fergana, Uzbekistan, is on track for completion by the beginning of 2024, with production scheduled to start later i ...

Handi Boosts Group III Output

February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant in Hainan province, China. The ...

Base oil exports from the United States were barely higher in November compared to the same month of 2021, while imports dropped sharply to the lowest ...

Vertex Energy Inc. announced today that it has again reached an agreement to sell its Heartland used motor oil collection and recycling business – t ...

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.

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 ...

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% ...

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 Year. Is this possible given c ...

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

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Information Group. Output dropped partic ...