Paraffinic Group III

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 ...

Base Oils Said Unaffected by Porvoo Conversion

Base Oils Said Unaffected by Porvoo Conversion

January 2, 2024

Neste announced it will convert its Porvoo, Finland, crude oil refinery to process renewable feedstocks, but that change ...

Uzbekistan Base Oil Upgrade Delayed

Uzbekistan Base Oil Upgrade Delayed

December 15, 2023

A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, i ...

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.

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 ...

Additive

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 ...

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 ...

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 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, ...

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.

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 ...

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.

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 ...