Paraffinic Group III

March Base Oil Report

March 5, 2024

Base oil fundamentals have been lackluster for months. Might the spring production cycle breathe some life into the market?

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Lukoil’s refinery in Volgograd, Russia, site of a major lubricant manufacturing complex, was struck last weekend by a drone purportedly launched by ...

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Brazil’s growing car parc as well as advances in vehicle technology have reshaped base oil demand in the country. Is this a trend that is likely to ...

February Base Oil Report

February 1, 2024

The first weeks of 2024 ushered in a wave of posted price decreases. Which factors are swaying market dynamics in the first quarter?

Shell last week announced plans to convert a fuels refinery in Wesseling, Germany, to produce API Group III base oils. The company will cease fuels pr ...

There are good reasons why North America produces relatively little API Group III base oil – far less than required by the region’s finished lubri ...

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil companies, a Hindustan Petroleu ...

Monthly Base Oil Report

January 2, 2024

With the announcement of several posted price decreases, it is clear that the base oil market has been unable to escape the usual year-end doldrums.

Neste announced it will convert its Porvoo, Finland, crude oil refinery to process renewable feedstocks, but that change will not affect the site’s ...

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 ...

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 ...