Crude Oil

Base Oil Report: Pricing

April 1, 2022

Russia’s invasion of Ukraine has wreaked havoc on the oil and gas industry, prompting base oil producers to up prices once again.

Base Oil Report: Pricing

March 1, 2022

Despite tough market conditions, base oil producers have been working toward a more sustainable future, reports Gabriela Wheeler.

As the Pendulum Swings

February 1, 2022

The COVID-19 pandemic led to sharp changes in base oil pricing and margins. Will the market settle into a new post-pandemic norm, and what might that ...

Base Oil Report: Trends

February 1, 2022

Ray Masson tells the tale of how modern base oils came to be.

Steve Swedberg discusses which types of base oils are available to the lubricants industry and how they can be used.

Base Oil Report: Pricing

December 1, 2021

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted price adjustments and product shor ...

Base Oil Report: Pricing

November 1, 2021

November Cooldown The naphthenic base oil segment in the United States was where most of the upward price action took place in September and Octobe ...

Base Oil Report: Pricing

August 2, 2021

Unboxing July July turned out to be another busy month for base oil market participants, which is a far cry from years past when the summer months ...

Every Rose Has its Thorn With base oil demand showing a strong recovery in the United States after slumping during the height of the pandemic last ...

Base Oil Report: Pricing

April 1, 2021

Be Careful What You Wish For A little over year ago, when an unknown virus plunged the world into a pandemic, base oil market participants started ...

There are approximately 120 large fuels refineries worldwide that produce base oils as part of their overall product slates and about another 20 integ ...

Base Oil Report: Pricing

December 1, 2020

Farewell, 2020! Who wants to hold onto 2020? Most people will probably be happy when it is finally over. Aside from a few bright spots here and the ...

The economic wrecking ball that is the coronavirus went into full swing this week when it sent the price of crude oil back to 1991 and pounded stock m ...

LONDON – For API Group I solvent refining plants in a world of high-priced crude, only 40 to 60 percent of their product yield is more valuable ...