North America

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 ...

United States President Joe Biden’s administration published a final rule last week tightening caps on heavy-duty truck emissions of nitrous oxides. ...

In model year 2021, the average estimated real-world carbon dioxide emission rate for all new vehicles sold in the United States fell by 2 grams per m ...

U.S. Base Oil Price Report

December 21, 2022

The calendar year is winding down, but one company livened the base oil market a bit this week with an unusually late announcement of price cuts. SK L ...

U.S. Base Oil Price Report

December 14, 2022

A seasonal slowdown in demand, the release of hurricane-related product provisions, and the return to production of a number of plants following outpu ...

Shell announced that its Pennzoil-Quaker State Co. purchased a 49% interest in Blue Tide Environmental LLC, which plans to bring a Group II rerefinery ...

Oleochemical producer Oleon acquired a blending plant in Conroe, Texas, the company announced this week. Oleon’s esters are used in lubricants, incl ...

U.S. Base Oil Price Report

December 7, 2022

Market participants agreed that it was difficult to forecast product needs for upcoming months as recent trends have not been consistent with those se ...

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 ...