Base oil imports to China fell 26% in November, compared to the same month of 2023, as this year’s incoming shipments ...
Editor’s note: Gabriela Wheeler is away on vacation this week and will return next week. Base oil posted prices in the ...
As the 2024 calendar year winds down,European, Middle Eastern and African many finished lubricant producers have limited ...
| 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
| 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
The festive season dampened market activity, although some players rushed to finalize business before the festivities as ...
With domestic demand showing few signs of improving, base oil producers in the United States have been focusing on concl ...
The amount of base oil exports from South Korea jumped 23% in November, compared to the same month of 2023, but the valu ...
Energy markets once again appear to be taking in stride dramatic developments in the Middle East – the type of drama t ...
Swedish chemical company Perstorp last week announced it had bought OQ Chemicals’ Dutch esters manufacturing facility.
Some base oil grades seem to be experiencing a temporary tightening, leading to buyer anxiety about potential shortages ...
The rapid and surprising fall of Bashar Al Assad’s regime in Syria heralds a new day in that long embattled country. I ...
Base oil prices were steady in the United States this week, as demand remained flat and suppliers preferred to keep offe ...
Cerilon, the start-up company working to build North America’s first gas-to-liquids base oil plant, said Tuesday that ...
Germany-based OQ Chemicals announced it will increase prices for its range of carboxylic acids.
In the absence of decisive trading activity, base oil prices were steady with only a couple of grades showing upward rev ...
Mounting supplies and the need to clear inventories ahead of year-end continued to exert downward pressure on some base ...
Departing from normal seasonal cycles, there are few indications of base oil refiners looking to sell off inventory prio ...
There has been a general decline in base oil consumption levels as the year-end approaches and downstream lubricant dema ...
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