Base oil exports from the United States increased 2% year on year in January to 2.8 million barrels – driven mainly by large increases in shipments ...

Motiva stepped out with a posted price decrease late last week, a few days after Chevron’s and SK enmove’s adjustments had gone into effect. Avist ...

Base oil markets were subdued the past week thanks to the Ramadan, Passover and Easter holidays that allowed some buyers and sellers to take three-day ...

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 ...

Despite market participants’ expectations that additional price revisions would follow the posted price decreases announced by Chevron and SK enmove ...

Base oil production in the United States increased 6% in January to the highest level in six months, according to data released March 31 by the U.S. E ...

Base oil production and base oil imports volumes in Brazil were again higher in February compared to totals in the same month last year, according to ...

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 ...

This week is providing a lesson in how quickly base oil markets can change. For months trading was slow as purchasers were unconcerned about low inven ...

How are today’s EALs formulated to deliver reliable performance in a broad range of industrial applications?

As the vehicle parc modernizes in Latin America, there is a widening gap between engine oils that new vehicles require and what is available in the ma ...

The base oil market got off to a slow start in 2023. Might its sluggishness be a precursor to a more upbeat year?

Lubricant demand in the Asia-Pacific region is expected to grow out to 2035, driven by an expanding middle class in India and Southeast Asia, official ...

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 ...

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply from record levels in mid-202 ...

Chevron and SK enmove communicated posted price decreases this week, which will go into effect on March 28 and April 1, respectively. It was not surpr ...

Georgia imported 22,000 metric tons of finished lubricants in 2022, a 15% increase from 19,000 tons in 2021, according to Georgia’s Association for ...

European base oil buyers are still reticent to purchase large quantities of any type of base stock – even to replenish inventories that must be sore ...

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I base stocks decreasing signif ...

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycling business, which it sold Feb ...