Conventional Base Stocks

Base Oil Report

Base Oil Report

November 1, 2023

Despite posted price increases in September, there has been a sense of anxiety hanging over the base oil market during t ...

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U.S. Base Oil Output Rebounds in August

November 1, 2023

United States base oil production jumped 18% in August, marking the first year-on-year increase in production volume sin ...

Eneos Shutters Wakayama Refinery

Eneos Shutters Wakayama Refinery

October 26, 2023

Eneos Corp. this month permanently closed its crude oil refinery in Arida city, Wakayama prefecture, Japan, including it ...

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China Extends Tax Break for Rerefined Oils

October 26, 2023

China’s government announced last month a four-year extension of a consumption tax exemption for petroleum products ma ...

U.S. Base Oils Continue to Sag

U.S. Base Oils Continue to Sag

October 4, 2023

Base oil production in the United States declined 7% in July – continuing a year-long trend – although naphthenic pr ...

Base Oil Report

Base Oil Report

October 2, 2023

Several factors seemed to have helped keep the base oil supply overhang in check during the third quarter. Gabriela Whee ...

South Korea Base Oil Exports Dropped in July

South Korea Base Oil Exports Dropped in July

September 22, 2023

South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the sam ...

U.S. Base Oil Exports Dropped in June

U.S. Base Oil Exports Dropped in June

September 13, 2023

The Unites States exported 22% less base oil in June, with the steepest drops occurring in exports to Colombia and Belgi ...

Omsk to Stream Group II, III in September

Omsk to Stream Group II, III in September

September 6, 2023

Gazprom Neft’s new 220,000 metric tons per year Group II and III base oil production in Omsk is scheduled to start str ...

Base Oil Report

Base Oil Report

September 6, 2023

After a rather slumberous spring and summer, activity in the base oil market has finally started to pick up.

U.S. Base Oil Output Continues 2023 Lag

U.S. Base Oil Output Continues 2023 Lag

September 6, 2023

Base oil production in the United States fell 20% in June, compared to the same month last year, according to government ...

Quimiguay Recycles Waste Oil in Argentina

Quimiguay Recycles Waste Oil in Argentina

August 30, 2023

To help reduce potential for environmental contamination, an Argentinian waste management company launched a used lubric ...

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Duties Blamed for Slide in Kazakh Exports

August 29, 2023

The competitiveness of Kazakhstan lubricant makers against Russian counterparts suffered because of the high duties paid ...

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Rerefinery and Lube Factory Planned in Turkey

August 29, 2023

A waste oil rerefinery and lubricant manufacturing complex will be constructed in Mersin province in southeastern Turkey ...

Brazil Imports Less Base Oil in June

Brazil Imports Less Base Oil in June

August 9, 2023

Brazil imported 17% less base oil, and the South American country's base oil exports declined 14% in June, compared to t ...

Profits Dip at Safety-Kleen, Jump at Quaker Chem

Profits Dip at Safety-Kleen, Jump at Quaker Chem

August 2, 2023

Despite increases in used oil collection and sales volumes of rerefined base oils, Clean Harbors reported lower second q ...

U.S. Base Oil Output Sagged in May

U.S. Base Oil Output Sagged in May

August 2, 2023

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since la ...

Additive

Chevron Expands Group III Output in Richmond

July 26, 2023

Chevron said Sunday that it began making 4 centiStoke API Group III base stocks this month at its refinery in Richmond, ...