Paraffinic Group II

A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, instead of 2024, according to a ...

Brazil’s base oil production tumbled down by 56% to its lowest point this year, while its lubricants import volume was up 18% in October, reaching i ...

Base Oil Report

December 4, 2023

Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.

Which factors stunted base oil production in the United States during the first half of this year?

Base Oil Report

November 1, 2023

Despite posted price increases in September, there has been a sense of anxiety hanging over the base oil market during the fourth quarter.

United States base oil production jumped 18% in August, marking the first year-on-year increase in production volume since January. Total base oil out ...

Base oil production in the United States declined 7% in July – continuing a year-long trend – although naphthenic production sported a 5% increase ...

Base Oil Report

October 2, 2023

Several factors seemed to have helped keep the base oil supply overhang in check during the third quarter. Gabriela Wheeler explains what some of thos ...

Gazprom Neft’s new 220,000 metric tons per year Group II and III base oil production in Omsk is scheduled to start streaming by the end of September ...

Base Oil Report

September 6, 2023

After a rather slumberous spring and summer, activity in the base oil market has finally started to pick up.

Brazil imported 17% less base oil, and the South American country's base oil exports declined 14% in June, compared to the volumes in the same month l ...

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since last July, according to data rel ...

Base Oil Report

July 20, 2023

Gabriela Wheeler outlines the major factors that have placed downward pressure on base oil prices this year.

Base Oil Report

June 14, 2023

The summer driving season usually ushers in increased base oil activity, but market dynamics this year have deviated from the norm.

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arabia – a change that will boos ...

Why has activity in the base oil market been unusually drowsy this year? Gabriela Wheeler explores the root causes.

Base Oil Report

May 1, 2023

Activity in the base oil market continues to be lethargic. Might a change be in store despite recent posted price decreases?

Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 million metric tons in 2022, and t ...

Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of Brazil’s Gaslub project, a ...

Shell has decided not to build an API Group II base oil plant at its Singapore fuels and chemicals complex, according to a Reuters report Thursday. Th ...