Base Stocks

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 ...

A few participants were surprised to hear reports that ExxonMobil had communicated a posted price increase this week. The company will be raising post ...

The holiday season is officially underway in the European, Middle Eastern and African base oil markets, although many players and participants have be ...

Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impacts from price increases insti ...

Ergon announced today that its subsidiary Process Oils Inc. has acquired MOGoil, a major base oil trader in Europe. The transaction greatly boosts the ...

The first six months of 2023 have been "strange" in global base oil markets, says our base oil editor Gabriela Wheeler.

Price uncertainties and a hazy lubricant demand outlook were keeping base oil consumers from acquiring large cargoes, as many blenders preferred to ru ...

Tsuno Group, a Japanese chemical company, announced the launch of fatty acid esters made from used cooking oil. The lubricant industry’s use of est ...

There were contrasting views about base oils demand in the United States, with some suppliers seeing steady uptake in July, and others noticing a grad ...

Chevron said Sunday that it began making 4 centiStoke API Group III base stocks this month at its refinery in Richmond, California – a facility that ...

If it is at all possible, base oil markets in Europe, the Middle East and Africa are slowing further, with many players – following coronavirus pand ...

Base oil buyers were reassessing their purchase strategies in view of diverging market conditions. On the one hand, weaker demand and increasing suppl ...

South Korea exported 5% less base oil than in the same month of last year, and the reported value of those exports dropped 24%, a government agency re ...

With a price index for API Group II 150 neutral base oils under its belt, the Shanghai Lubricant Trade Association is now in discussion with China Nat ...

Base Oil Report

July 20, 2023

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

Heritage-Crystal Clean, owner of North America’s second-largest rerefinery, announced today an agreement to be bought by private equity firm J.F. Le ...

The base oils market continued to move at a moderate pace in the midst of a heat wave that affected large swaths of the United States. While crude oil ...

A public-private partnership to build a rerefinery capable of producing base oils was announced recently during an event in St. Petersburg, Russia. Th ...

Base oil markets around Europe, the Middle East and Africa are flatlining as the August holiday season approaches, with poor demand leading to longer ...

Sentuo Group is scheduled to begin commissioning its new refinery in Tema, Ghana, next month, bringing sub-Saharan Africa a step closer to again havin ...