North America

U.S. Base Oil Price Report

February 15, 2023

The U.S. base oils market was gearing up for increased activity as consumers have started to pad inventories for the spring lubricant production seaso ...

Motorex USA Inc. acquired Intercontinental Lubricants Corp.’s Spectro Performance Oils business, the company announced this week. The deal gives Mot ...

U.S. Base Oil Price Report

February 8, 2023

While base oil supply in the domestic market appeared adequate to meet demand, an ongoing plant turnaround, reduced base oil output at refineries as a ...

Base oil exports from the United States were barely higher in November compared to the same month of 2021, while imports dropped sharply to the lowest ...

Vertex Energy Inc. announced today that it has again reached an agreement to sell its Heartland used motor oil collection and recycling business – t ...

The United States produced 4.7 million barrels of base oils in November, 3% less than the same month of 2021 and the fourth consecutive month that the ...

U.S. Base Oil Price Report

February 1, 2023

The United States base oils market was starting to awaken from its hibernal slumber, as more buyers sought fresh cargoes and producers readied for add ...

Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker” of Motiva Enterprises – o ...

U.S. Auto Sales Slip in 2022

January 25, 2023

Auto sales in the United States declined 8% to 13.7 million units in 2022, the lowest full-year sales total since 2011, according to data released by ...

U.S. Base Oil Price Report

January 25, 2023

The posted price decreases implemented earlier this month seemed to have elicited the response that suppliers had hoped for as orders have picked up, ...

Leaders of Mexico, the United States and Canada all have called for private businesses from the latter two companies to participate in the former’s ...

TCL Specialties LLC, a subsidiary of India’s Thirumalai Chemicals Ltd., will break ground this month on two manufacturing facilities in West Virgini ...

In another twist of the Isla Refinery saga, Curacao government officials confirmed the preferred bidder seeking to operate the facility provided sever ...

U.S. Base Oil Price Report

January 18, 2023

The dust has begun to settle after a busy week of posted price announcements, although a couple of price reductions will be going into effect this wee ...

U.S. Base Oil Price Report

January 11, 2023

Over the last few days, a vast majority of paraffinic producers and rerefiners communicated posted price decreases, shortly after SK Lubricants Americ ...

The United States imported 88% more base oil in October than in the same month in 2021, while exports for the month were flat, according to data relea ...

Base oil production in the United States dropped to 4.4 million barrels, the third straight month that the volume was below 5 million barrels, and 16% ...

U.S. Base Oil Price Report

January 4, 2023

The freezing winter storm that forced a number of United States refineries, natural gas wells and utility companies to close last week may have had a ...

U.S. Base Oil Price Report

December 28, 2022

A powerful winter storm sweeping across the United States over the last week forced several refineries and gas production sites to shut down temporari ...

Shell, through its subsidiary Pennzoil-Quaker State, acquired the parent company of Allied Reliability Inc., an industrial services and maintenance pr ...