North America

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil and diesel project being develo ...

To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged that activity was not yet at ...

The month of March may be pivotal for the market, as business concluded over the next several days may be an indication of what can be expected for th ...

Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in volume, the U.S. Energy Informa ...

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth quarter brought a net loss, whil ...

According to reports, ExxonMobil raised the posted price of its API Group I, Group II and Group II+ base oils last week, while Paulsboro plans to lift ...

The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of companies including 10 Russian comp ...

U.S. Base Oil Price Report

February 22, 2024

In a fairly quiet market – with many players away attending the Argus Global Base Oils Conference in London – reports that ExxonMobil intended to ...

After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pace of regulations that would re ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegrad ...

U.S. Base Oil Price Report

February 14, 2024

Suppliers were focused on filling some early orders ahead of the busy spring production season, but it was too early to ascertain whether demand would ...

Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – a low-sulfur vacuum gasoil pla ...

The United States exported 74% more in November than the same month last year and also imported 36% more base oil, according to government agency data ...

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year of 2023 but achieved a health ...

U.S. Base Oil Price Report

February 7, 2024

There was still no clear indication whether this spring season would be stronger in terms of base oils demand than last year’s, but most suppliers r ...

U.S. Base Oil Price Report

January 31, 2024

The first signs that base oil demand might be starting to perk up emerged during the week, but it was still too early to ascertain whether this meant ...

BASF and Lubrizol struck a deal last week for the latter to produce and distribute several products from two lines of industrial lubricants under BASF ...

United States base oil production declined 8% in November, compared to the same month last year. November’s output totaled 4.3 million barrels, comp ...

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and its line of synthetic food gre ...