Base Stocks

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South Korea Base Oil Export Value Drops

November 21, 2024

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell ...

Denmark Refinery Undergoing Expansion

Denmark Refinery Undergoing Expansion

November 21, 2024

Madrid – Avista Green will undertake an expansion of its used lubricant rerefinery in Kalundborg, Denmark, and aims to ...

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Americas Weekly Base Oil Price Report

November 20, 2024

A majority of producers and rerefiners have decreased posted prices, with Safety-Kleen communicating a fresh decrease th ...


U.S. Imports & Exports of Base Oils

(in thousands of barrels)

Month Imports Exports
Mar 2024 1,448 4,755
Feb 2024 952 3,674
Jan 2024 1,349 3,711
Dec 2023 1,491 4,330
Nov 2023 1,314 4,153
Oct 2023 1,297 3,167
Sep 2023 1,167 3,454
Aug 2023 1,182 3,325
Jul 2023 1,360 3,616
Jun 2023 1,350 3,242
May 2023 1,488 4,088
Apr 2023 1,625 3,168

Source: U.S. Energy Information Admin

U.S. Refinery Base Oil Production

(in thousands of barrels)

Month Paraffinic Naphthenic
Mar 2024 4,351 773
Feb 2024 4,112 742
Jan 2024 3,968 535
Dec 2023 4,280 754
Nov 2023 3,632 656
Oct 2023 3,712 691
Sep 2023 3,692 779
Aug 2023 4,168 611
Jul 2023 4,003 767
Jun 2023 3,522 672
May 2023 4,275 783
Apr 2023 3,858 789

Source: U.S. Energy Information Admin


Additive

Asia Base Oil Price Report

November 18, 2024

The pace of business slowed in many Asian countries, as buyers preferred to end the year with lean base oil inventories ...

Clean Harbors Ups Collection Fees

Clean Harbors Ups Collection Fees

November 13, 2024

Clean Harbors Inc. warned customers that it has “significantly” raised waste oil collection fees to offset depressed ...

Brazil Base Oil Output, Imports Up

Brazil Base Oil Output, Imports Up

November 13, 2024

Brazilian refiners continued making base oil at a steady pace in September, churning out 49,000 kiloliters, according to ...

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Weekly Americas Base Oil Price Report

November 12, 2024

Two additional paraffinic producers joined the group of companies that decreased posted prices this month. HollyFrontier ...

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Weekly EMEA Base Oil Price Report

November 12, 2024

Base oil markets, like much of the world, are anticipating potential impacts from the United States presidential electio ...

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Weekly Americas Base Oil Price Report

November 6, 2024

Additional base oil posted price decreases emerged this week, with Motiva and Chevron announcing fresh adjustments. Pric ...

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Weekly EMEA Base Oil Price Report

November 5, 2024

Base oil prices around Europe, the Middle East and Africa are mixed, with values firming in some areas but weakening in ...

From Food Waste to Innovation

From Food Waste to Innovation

November 4, 2024

ChainCraft explains how it uses a non-GMO fermentation process to upcycle food waste into medium-chain fatty acids.

November Base Oil Report

November Base Oil Report

November 4, 2024

Geopolitical conflict, severe weather systems, a longshoremen’s strike and more induced some anxiety in the base oil m ...

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Weekly Americas Base Oil Price Report

October 30, 2024

Base oil prices remained exposed to downward pressure due to lackluster demand, growing supplies, a need for suppliers t ...

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China Base Oil Imports Down Again

October 30, 2024

Base oil imports to China fell 35% in September, compared to the same month of 2023, as 2024’s demand for foreign base ...

Italy’s Model for Waste Oil Regeneration

Italy’s Model for Waste Oil Regeneration

October 30, 2024

Italy is the European Union’s leading collector and regenerator of waste oil, said the head of the country's waste oil ...

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Weekly EMEA Base Oil Price Report

October 30, 2024

A report last week that Russia has provided shipping data to Houthi rebels disclosed Russia’s complicity in attacks on ...

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Weekly Asia Base Oil Price Report

October 28, 2024

Reports suggested that base oil prices continued diverging in Asia. Values for some grades fell on growing supplies, man ...