Base Stocks

TotalEnergies announced this week that it purchased Finnish rerefiner Str Tecoil Oy, another move reflecting Big Oil’s growing interest in used lubr ...

Base oil prices are mainly holding firm throughout Europe, the Middle East and Africa, as supply pressures keep values higher than what would generall ...

July Base Oil Report

July 1, 2024

The summer season ushered in an uptick in base oil activity. Will the rest of the year keep pace?

The base oils market in Asia was being pulled in different directions, with growing base oil supplies exerting downward pressure on spot values, and c ...

Many base oil producers and consumers have been busy building inventories to meet product needs should output disruptions occur during the hurricane s ...

Across European, Middle East and African base oil markets, a strange phenomenon is taking place, with all types of base oils from API Group I through ...

South Korea’s base oil export volume jumped 21% in May, while the reported value of those exports increased 4%, compared to the same month last year ...

Lengthening availability of most base oil grades against shrinking demand continued to place pressure on prices in Asia, with some spot indications ed ...

A Costa Rican lubricant company this week opened what it claims to be the first waste lubricant refinery in Central America.

Gabriela Wheeler is away this week, but her market commentary will resume in the June 26 edition of Lube Report Americas.

Across Europe, the Middle East and Africa base oil prices are generally firmer thanks to upticks in demand caused by various factors in each region.

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin base stocks have more opportuniti ...

A seasonal slowdown and growing supplies have started to exert downward pressure on spot prices in Asia. However, some grades remained tighter than ot ...

A tight supply and demand scenario for the light viscosity grades offered support to current posted prices, but pushed spot indications up as availabi ...

The United States exported 16% more base oil in March – including hefty increases in volumes to India, Ecuador and the United Arab Emirates, accordi ...

Conditions for base oil markets are now diverging across Europe, the Middle East and Africa, with availability for API Group I and II oils tightening ...

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it has improved the quality of i ...

Spain during 2023 rerefined 78% of its collected waste lubricants into base stocks, the non-profit organization charged with managing waste lubricants ...

In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports of 134 categories of products ...

Base oil supplies appeared to be lengthening in Asia, a sign that consumption levels may be weakening on seasonal patterns and other factors, includin ...