The base oil scene is taking on the role of a balancing act on global basis. A number of arbitrage opportunities opening up may have the effect of inc ...

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

Although oil refineries should eventually ramp back up to normal operating levels, and while this should make more feedstocks available for base oil p ...

Uzbek authorities last week announced the government’s intention to sell the Fergana Oil Refinery LLC, the second-largest refining complex in the co ...

Total has decided to permanently close a base oil plant at its refinery in Gonfreville, France, as part of a project to overhaul the Normandy complex. ...

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Stephen Ames called it, the “year ...

As part of an initiative to decarbonize its refining operations in Singapore, Royal Dutch Shell plans to permanently close its base oil plant in Pulau ...

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they churned out from January to J ...

The onset of the coronavirus pandemic was like a mighty gust of wind that blew asunder the many ships sailing the seas of the base oils industry. Prod ...

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil company Petrobras, while it consid ...

Put down your hammer and coffin nails, cautions Ray Masson: Recent tightness in the market shows this old category is still kicking.

Refineria di Korsou - the Curacao government entity that owns the Isla Refinery - announced an agreement last week for industrial commodities conglome ...

With the IMO 2020 regulation on marine fuels scheduled to take effect in just over a month, vessel operators and ports are still preparing for complia ...

Iraq has emerged as Irans main export market for base oils as the weight of United States sanctions shut down the Islamic Republics traditional trade ...

Global finished lubricant demand isn't keeping up with expanding base oil supply, threatening the cash margins of mineral base oil producers, official ...

The loss of market share that API Group I base oils have experienced for many years will likely continue and accelerate, and the rationalization press ...

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance itself in coming years, but Gr ...

Arguing that privatization will lead to cheaper energy products, the administration of Brazilian President Jair Bolsonaro has announced plans to sell ...

Its not an industry secret that the discrepancy between base oil production capacity and finished lubricants demand is growing, and that the current o ...

Regional imbalances in base oil supply and demand lead to large volumes being shipped all over the globe. The pattern of that trade continually shifts ...