Conventional Base Stocks

Base Oil Report: Pricing

Base Oil Report: Pricing

December 1, 2022

Once more, supply and demand do not match in the North American base oil market. What has caused the imbalance?

Base Oil Report: Trends

Base Oil Report: Trends

December 1, 2022

The global base oil market has been through a lot since 2020. How has it weathered the storm?

U.S. Base Oils Fall in September

U.S. Base Oils Fall in September

November 30, 2022

The United States’ base oil production declined 16% in September, and production for the first nine months of the year ...

Additive

U.S. Base Oil Price Report

November 30, 2022

Base oil prices remained exposed to downward price pressure as supply continued to outpace demand and crude oil values h ...

Luberef Plans IPO; Will Make Group III

Luberef Plans IPO; Will Make Group III

November 29, 2022

Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 ...

Results up for Clean Harbors, Vertex

Results up for Clean Harbors, Vertex

November 23, 2022

Clean Harbors’ Safety-Kleen segment continued its run of rising revenues with another strong quarter for the quarter e ...

Additive

U.S. Base Oil Price Report

November 23, 2022

Market participants kept an eye on transportation this week, as historically low water levels on the Mississippi River a ...

Additive

U.S. Base Oil Price Report

November 16, 2022

Unlike cryptocurrency markets, the base oils sector navigated through fairly smooth waters this week, with posted prices ...

Puraglobe Moves Forward on U.S. Rerefinery

Puraglobe Moves Forward on U.S. Rerefinery

November 9, 2022

Plans for a rerefinery in Tampa, Florida were on the books for so long, the industry could be forgiven for considering t ...

Additive

U.S. Base Oil Price Report

November 9, 2022

A seasonal slowdown in demand coupled with steady production rates at most facilities have resulted in oversupply condit ...

Additive

U.S. Base Oil Price Report

November 2, 2022

Supply and demand fundamentals continued to weigh on base oil pricing, as consumption levels have slipped due to seasona ...

U.S. Base Oils Take Big Step Back in August

U.S. Base Oils Take Big Step Back in August

November 2, 2022

Base oil production in the United States dropped to 4 million barrels in August, the U.S. Energy Information Administrat ...

Waste Oil Rerefining Comes of Age

Waste Oil Rerefining Comes of Age

October 31, 2022

As the lubricants industry searches for ways to come closer to meeting its sustainability goals, waste oil rerefining is ...

Why Base Oils Matter for Greater Lubricant Sustainability

Why Base Oils Matter for Greater Lubricant Sustainability

October 31, 2022

There are numerous ways that lubricant makers can improve their sustainability profiles. Base stock selection could be a ...

Privatization of Base Oils in Brazil

Privatization of Base Oils in Brazil

October 31, 2022

Brazil has sold off two of its three major base oil plants. What might this mean for base oil production and overall mar ...

Base Oil Report: Pricing

Base Oil Report: Pricing

October 31, 2022

Posted base oil prices seemed to settle into a more typical pattern this fall, but has the market returned to normality ...

S-Oil’s Profits Up, Hyundai Shell’s Down

S-Oil’s Profits Up, Hyundai Shell’s Down

October 28, 2022

Profits rose 30% for the base oil and lubricants business of S-Oil and fell 16% for base oil refiner Hyundai Shell Base ...

Eneos Closes Group I Plant

Eneos Closes Group I Plant

October 28, 2022

Eneos Corp. closed the API Group I base oil plant at its Negishi refinery near Tokyo this month, part of a decision to p ...