Despite the emergence of the Omicron variant, base oil fundamentals appeared to lean toward a more balanced state as the end of the year approached, r ...

State-owned energy company China National Offshore Oil Corp. has begun producing API Group III base oils at its refinery in Taizhou, Jiangsu province, ...

Base oil production in Brazil in October was more than 20% higher than in the same month last year, the third consecutive month that year-over-year to ...

The United States produced 5.5 million barrels of base oil in September, topping the same month in 2020 by 23% and nearly matching the October 2019 to ...

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted price adjustments and product shor ...

Transformer oil recycler Hydrodec and its Ohio rerefinery were acquired by United Kingdom-based Slicker Recycling Ltd., which highlighted in its Nov. ...

Vertex Energy Inc. reported higher gross profit and increased revenues for the quarter ended Sept. 30 for its used motor oil collection and processing ...

South Korea again exported a larger volume of base oils and more than doubled its declared export value in October, compared to the same month last ye ...

After a long, large run-up from the spring of 2020, base oil prices in Europe began retreating since summer, indicating that supply is catching up wit ...

September base oil production in Brazil was 22% higher than the same month of last year and was up even more from pre-COVID-19 levels. Despite the inc ...

HollyFrontier Corp.’s lubricants and specialty products segment reported large increases in income and revenue from operations, and Clean Harbors’ ...

The United States produced 5.5 million barrels of base oil in August, according to the latest data from the federal Energy Information Agency, 19% bet ...

The price for bright stock increased dramatically in early 2021, incentivizing lubricant formulators to seek immediate alternatives and consider those ...

November Cooldown The naphthenic base oil segment in the United States was where most of the upward price action took place in September and Octobe ...

S-Oil reported much higher operating income for its base oil business, SK Lubricants posted a large jump in operating profit, and Pakistan-based blend ...

Base oil demand has softened in Asia due to seasonal patterns, upcoming religious festivals, and the traditional efforts by both buyers and sellers to ...

Afton Chemical reported a lower operating profit despite increased sales – citing such factors as rising costs for raw materials and energy and cont ...

Cross Oil announced a price increase for naphthenic base oils this week, while on the paraffinic side, suppliers were monitoring market developments a ...

Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.

Base oil prices were mixed in Asia this week, as some grades moved up, some stayed unchanged and others lost ground because each group was impacted by ...