Conventional Base Stocks

EMEA Base Oil Price Report

October 12, 2021

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.

Sinopec has finally started up an API Group II base oil unit at its Yanshan Petrochemical refining complex, eight years after the unit was built. The ...

Asia Base Oil Price Report

October 8, 2021

More moderate base oil demand, coupled with increased output, continued to exert downward pressure on spot pricing in Asia, although the speed and ext ...

U.S. Base Oil Price Report

October 6, 2021

With logistics gradually recovering after the recent hurricanes on the United States Gulf Coast, buyers and sellers turned their attention to product ...

EMEA Base Oil Price Report

October 5, 2021

European, Middle Eastern and African base oil markets are steady with only marginal erosion to prices across the various base oil types. API Group I i ...

Neste has agreed to sell its API Group III business to Chevron, the companies announced Monday, a deal that expands Chevron’s presence in the growin ...

Rekindling the Flame

October 4, 2021

U.S. Base Oil Production Continues on the Path to Recovery The COVID-19 pandemic wreaked havoc on United States base oil production during the firs ...

Base Oil Report: Pricing

October 4, 2021

In the Eye of the Storm One of the unrelenting concerns for base oil market participants over the past several months was the fact that both buyers ...

Base Oil Report: Trends

October 4, 2021

A Time of Transition   The past 18 months have not been particularly wonderful for the active industries involved in keeping global economies ...

Asia Base Oil Price Report

October 1, 2021

While the number of COVID-19 cases has started to fall in many countries, leading to a relaxation of pandemic-related restrictions, others were still ...

U.S. Base Oil Price Report

September 29, 2021

Ergon announced a naphthenic base oils price increase this week, joining other producers who have lifted values on the back of tight supply, climbing ...

EMEA Base Oil Price Report

September 28, 2021

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.

Asia Base Oil Price Report

September 24, 2021

Many countries in Asia have started to relax pandemic-related restrictions and have given up their zero-COVID policies as they slowly rolled out vacci ...

U.S. Base Oil Price Report

September 22, 2021

San Joaquin Refining communicated a price increase for its naphthenic base oils on the heels of similar initiatives by Cross Oil and Calumet. A tight ...

EMEA Base Oil Price Report

September 21, 2021

Base oil markets throughout Europe, the Middle East and Africa are mostly showing weakening demand across all types of products, although some groups ...

Kazakhstan is working on several new petrochemical refining projects carrying a combined price tag of U.S. $12 billion, and some of them – including ...

U.S. Base Oil Price Report

September 15, 2021

Cross Oil and Calumet announced price increases for their naphthenic oils this week. Base oil and lubricant market participants were coping with trans ...

EMEA Base Oil Price Report

September 14, 2021

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.

Lub-rref announced that it will redirect most of the funds from its initial public stock offering to build a second waste oil rerefinery rather than u ...

U.S. Base Oil Price Report

September 8, 2021

Many households and businesses were still recovering from the impact of Hurricane Ida, which battered large swaths of the Southeast and Northeast of t ...