Volume 9 Issue 24

U.S. Base Oil Exports Rose in March

The United States exported 16% more base oil in March – including hefty increases in volumes to India, Ecuador and the United Arab Emirates, according to data released by the U.S. Energy Information Administration.

U.S. Engine Oil Exports Up, Imports Down

United States exports of automotive, diesel and marine engine oils rose 14% by value in 2023, while imports of those materials declined 28%, according to data tracked by the U.S. International Trade Commission.

Oxy, Berkshire Tie Up for Lithium

Oil and gas producer Occidental Petroleum announced a joint venture with a Berkshire Hathaway business to extract high-purity lithium from geothermal energy sites in California.

From Other Editions of Lube Report

Saneg Targets Group I to Europe

Spain Rerefining Rate Dipped in 2023

China, Taiwan Lock Horns Over Tariffs

Briefly Noted

Brazil’s National Association of Motor Vehicle Manufacturers, or Anfavea, reported that sales of passenger cars in the South American country jumped by 37% to 220,800 units in April, compared to the same month last year.