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

Neste announced it will convert its Porvoo, Finland, crude oil refinery to process renewable feedstocks, but that change will not affect the site’s ...

A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, instead of 2024, according to a ...

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

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

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

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

Base oil production in the United States declined 7% in July – continuing a year-long trend – although naphthenic production sported a 5% increase ...

Several factors seemed to have helped keep the base oil supply overhang in check during the third quarter. Gabriela Wheeler explains what some of thos ...

Gazprom Neft’s new 220,000 metric tons per year Group II and III base oil production in Omsk is scheduled to start streaming by the end of September ...

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

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since last July, according to data rel ...

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

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

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

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

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

Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 million metric tons in 2022, and t ...

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply from record levels in mid-202 ...

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