Conventional Base Stocks

Gabriela Wheeler explains some of the most prevalent factors contributing to the current—and confusing—base oil pricing dynamics.

Additional base oil producers joined those suppliers that had announced posted price increases last week by stepping out with initiatives of their own ...

Ecuador collected 4.1 million gallons of used lubricants in 2021 – a fifth of the amount of lubes it consumes – through a two-year-old program aim ...

Several base oil producers communicated posted price increases this week, thought to have been prompted by steep crude oil prices, along with prospect ...

A Mexican government agency complained recently that fuel smuggling in the country has more than doubled since 2018 and now accounts for a fifth of th ...

Brazil’s production of base oil – mostly API Group I – dropped 15% in February, and imports were down by more than two-thirds, according to data ...

Base oil market participants were keeping a vigilant eye on crude oil pricing, as values continued to show wild fluctuations, linked to developments i ...

Bahrain Lube Base Oil Co. in Sitra, Bahrain, has been churning out API Group III base stocks since 2011. It’s clear who operates the plant and also ...

United States base oil output declined more than 10% in January, compared to the same month last year, and was down 8% from January 2020, a U.S. gover ...

Base oil buyers and suppliers continued to deal with rising costs and supply chain disruptions caused by the ongoing pandemic, massive lockdowns in Ch ...

Luberef, a base oil joint venture of Saudi Aramco, is considering an initial public stock offering that would aim to raise more than $1 billion, Bloom ...

Bright stock supply is tight. Fortunately, OCP and PIB can be used to replace the scarce base stock in grease applications.

Despite the ongoing pandemic and tough economic conditions, base oil production in the United States achieved full rebound to pre-pandemic levels in 2 ...

Base Oil Report: Pricing

April 1, 2022

Russia’s invasion of Ukraine has wreaked havoc on the oil and gas industry, prompting base oil producers to up prices once again.

The dust has started to settle after the whirlwind of posted price adjustments observed the previous two weeks. However, volatility in crude oil and f ...

South Korea’s base oil export volumes remained flat in February for the second consecutive month, compared to the same month last year, according to ...

More than 500 members of the United Steelworkers union went on strike Monday at Chevron’s refinery in Richmond, California, which has an API Group I ...

Base oil producers responded to the unexpected drop in crude oil pricing last week by rescinding part of their announced posted price increases, altho ...

Nynas AB – one of the world’s largest naphthenic base oil producers and the only large European source – is halting direct sales in North Americ ...

More United States base oil producers announced posted price increases this week, which will be implemented in addition to the markups that went into ...