North America

Base oil production in the United States continues on the path to recovery, but the import and export scene has been slightly altered by geopolitical ...

The United States’ base oil production declined 16% in September, and production for the first nine months of the year was down 4%, compared to the ...

North American lubricant demand in 2021 almost recovered to pre-pandemic levels, driven by strong growth in the United States’ market. Despite infla ...

U.S. Base Oil Price Report

November 30, 2022

Base oil prices remained exposed to downward price pressure as supply continued to outpace demand and crude oil values have softened. However, given t ...

The global lubricants market will stagnate through 2050, with sluggish demand for transportation lubricants estimated to fall 1.1% per year on average ...

U.S. Base Oil Price Report

November 23, 2022

Market participants kept an eye on transportation this week, as historically low water levels on the Mississippi River and a potential rail strike may ...

Profits Up for Valvoline

November 16, 2022

Valvoline’s new business model – following the August announcement of the sale of its lubes unit to Saudi Aramco – kept positive momentum in sal ...

The United States’ exports of base oil experienced a 41% year-to-year plunge in August – to the lowest volume since May 2020 – while imports of ...

U.S. Base Oil Price Report

November 16, 2022

Unlike cryptocurrency markets, the base oils sector navigated through fairly smooth waters this week, with posted prices reported as stable despite th ...

Plans for a rerefinery in Tampa, Florida were on the books for so long, the industry could be forgiven for considering the plan a mirage. However, Pur ...

U.S. Base Oil Price Report

November 9, 2022

A seasonal slowdown in demand coupled with steady production rates at most facilities have resulted in oversupply conditions in the United States, but ...

U.S. Base Oil Price Report

November 2, 2022

Supply and demand fundamentals continued to weigh on base oil pricing, as consumption levels have slipped due to seasonal patterns, while steady produ ...

Base oil production in the United States dropped to 4 million barrels in August, the U.S. Energy Information Administration reported yesterday, the lo ...

U.S. Base Oil Price Report

October 26, 2022

Availability of naphthenic base oils has tightened on the back of a plant turnaround, a recent unplanned production outage and healthy demand. A picku ...

U.S. Base Oil Price Report

October 19, 2022

Supply increased in the United States market as a result of a seasonal decline in demand and fairly steady production rates at most base oil plants. T ...

U.S. Base Oil Price Report

October 12, 2022

Some corners of the United States base oils market seemed to be tighter than others but finding enough product in the domestic arena did not appear to ...

Infineum announced yesterday it will acquire Billerica, Massachusetts-based Entegris’ Pipeline and Industrial Materials business as part of its tran ...

Finished lubricant demand in Latin America and the Caribbean rebounded in 2021 to pre-pandemic levels – reaching 3.9 million tons, boosted by the re ...

U.S. Base Oil Price Report

October 5, 2022

No further posted price adjustments were communicated by base oil producers, following a round of decreases that resulted in lower values in the previ ...

The United States’ base oil production slipped 9% to in July, while production for the first seven months of the year was up 1%, compared to the sam ...