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Brazilian Car Parc Drives Base Oil Demand

Brazilian Car Parc Drives Base Oil Demand

February 1, 2024

Brazil’s growing car parc as well as advances in vehicle technology have reshaped base oil demand in the country. Is t ...

Additive

Eni to Shutter Livorno Base Oil Plant

January 30, 2024

Italian refiner Eni stated Monday that the base oil plant at its Livorno, Italy, fuels refinery will close permanently w ...

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Saneg Revamped its Group I Base Oils

January 19, 2024

Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with ...

India’s Base Oil Supply Base Set to Jump

India’s Base Oil Supply Base Set to Jump

January 5, 2024

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil c ...

Monthly Base Oil Report

Monthly Base Oil Report

January 2, 2024

With the announcement of several posted price decreases, it is clear that the base oil market has been unable to escape ...

Brazil Base Oil Output Down Again

Brazil Base Oil Output Down Again

December 27, 2023

Brazil refineries produced just 29,000 metric tons of base oil in November, 37% less than the same month of 2022 and the ...

Additive

Rerefinery Opens Near Arctic Circle

December 26, 2023

A base oil rerefinery that opened recently in Severodvinsk, Russia, may not be large, but it appears to be the northernm ...

Base Oil Report

Base Oil Report

December 4, 2023

Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.

Profits Fall for Thai Oil, Chevron Lanka

Profits Fall for Thai Oil, Chevron Lanka

November 10, 2023

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due i ...

U.S. Base Oil Production Falters

U.S. Base Oil Production Falters

November 1, 2023

Which factors stunted base oil production in the United States during the first half of this year?

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 ...

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 ...

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 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 ...

Base Oil Report

Base Oil Report

July 20, 2023

Gabriela Wheeler outlines the major factors that have placed downward pressure on base oil prices this year.