Base Oil Price Report


The U.S. base oil market was quiet the past week, with much of the industry taking a few days off for the Thanksgiving holiday. Posted prices for paraffinic oils have gone more than six weeks without changing.

Crude oil prices continued to hover below $60 per barrel, as the United States sported healthy pre-winter inventories despite the dent that hurricanes Katrina and Rita caused to domestic production.

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The price of crude on the New York Mercantile Exchange closed yesterday at $56.06, according to Bloomberg. That was down $2.85from last week.

Historic U.S. posted base oil prices and WTI and Brent crude spot prices are available for purchase in Excel format.

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