Paraffinic Group I

Base Oil Report

Base Oil Report

June 14, 2023

The summer driving season usually ushers in increased base oil activity, but market dynamics this year have deviated fro ...

Additive

Luberef Boosting Yanbu Output

June 13, 2023

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arab ...

Base Oil Report: Pricing

Base Oil Report: Pricing

May 26, 2023

Why has activity in the base oil market been unusually drowsy this year? Gabriela Wheeler explores the root causes.

Additive

Rerefinery to be Built in Azerbaijan

May 9, 2023

Two Azeri startups are preparing to build a base oil rerefinery and a lithium battery recovery center, both of which wil ...

Base Oil Report

Base Oil Report

May 1, 2023

Activity in the base oil market continues to be lethargic. Might a change be in store despite recent posted price decrea ...

Additive

Change in Pricing Pressure Seen for U.S. Base Oils

March 29, 2023

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply ...

Additive

Group I Plants Closing, Groups II and III Growing

March 24, 2023

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

March 8, 2023

Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic prod ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

Is the Future Bright for Bright Stock?

Is the Future Bright for Bright Stock?

January 3, 2023

Group I capacity has been dwindling for years and is expected to continue on a downhill slide. Is bright stock facing a ...

Is U.S. Base Oil Production a Global Affair?

Is U.S. Base Oil Production a Global Affair?

December 1, 2022

Base oil production in the United States continues on the path to recovery, but the import and export scene has been sli ...

Privatization of Base Oils in Brazil

Privatization of Base Oils in Brazil

October 31, 2022

Brazil has sold off two of its three major base oil plants. What might this mean for base oil production and overall mar ...

Base Oil Report: Pricing

Base Oil Report: Pricing

October 31, 2022

Posted base oil prices seemed to settle into a more typical pattern this fall, but has the market returned to normality ...

Eneos Closes Group I Plant

Eneos Closes Group I Plant

October 28, 2022

Eneos Corp. closed the API Group I base oil plant at its Negishi refinery near Tokyo this month, part of a decision to p ...

Base Oil Report: Pricing

Base Oil Report: Pricing

October 3, 2022

Base oil pricing dynamics cooled off a bit in September. Gabriela Wheeler explains which factors helped to steady the ma ...

U.S. Base Oil Production Down in June

U.S. Base Oil Production Down in June

August 31, 2022

Base oil production in the United States declined 8% in June, compared to the same month last year, according to data re ...

Base Oil Report: Pricing

Base Oil Report: Pricing

August 1, 2022

Crude oil and feedstock prices remain volatile, and the summer months have ushered in yet another round of base oil pric ...

Base Oil Report: Pricing

Base Oil Report: Pricing

May 2, 2022

Gabriela Wheeler explains some of the most prevalent factors contributing to the current—and confusing—base oil pric ...