Availability of a few base oil grades has tightened in Asia, catapulting prices to higher levels, while other cuts seem ...
South Korea exported 19% less base oil at a 32% drop in reported value in April, according to data released earlier this ...
Refiners in India increased base oil production by 8% for the fiscal year ended March 31, leaning on a recent expansion ...
| Month | Imports | Exports |
|---|---|---|
| Feb 2024 | 952 | 3,674 |
| Jan 2024 | 1,349 | 3,711 |
| Dec 2023 | 1,491 | 4,330 |
| Nov 2023 | 1,314 | 4,153 |
| Oct 2023 | 1,297 | 3,167 |
| Sep 2023 | 1,167 | 3,454 |
| Aug 2023 | 1,182 | 3,325 |
| Jul 2023 | 1,360 | 3,616 |
| Jun 2023 | 1,350 | 3,242 |
| May 2023 | 1,488 | 4,088 |
| Apr 2023 | 1,625 | 3,168 |
| Mar 2023 | 1,345 | 4,095 |
Source: U.S. Energy Information Admin
| Month | Paraffinic | Naphthenic |
|---|---|---|
| Feb 2024 | 4,112 | 742 |
| Jan 2024 | 3,968 | 535 |
| Dec 2023 | 4,280 | 754 |
| Nov 2023 | 3,632 | 656 |
| Oct 2023 | 3,712 | 691 |
| Sep 2023 | 3,692 | 779 |
| Aug 2023 | 4,168 | 611 |
| Jul 2023 | 4,003 | 767 |
| Jun 2023 | 3,522 | 672 |
| May 2023 | 4,275 | 783 |
| Apr 2023 | 3,858 | 789 |
| Mar 2023 | 3,277 | 664 |
Source: U.S. Energy Information Admin
Base oil demand has shown a healthy uptick over the last two weeks, as blenders bolster inventories for the summer drivi ...
Calumet Specialty Products Partners L.P. reported decreased base oil and process oil sales revenue for the quarter ended ...
The conflicts in Ukraine and Gaza continue to grab the headlines, with Russia making advances into Ukraine territory and ...
Lukoil’s refinery in Volgograd, Russia, was struck again Sunday by a drone attack that caused a fire and reportedly da ...
A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refi ...
Indonesia has streamlined its import requirements for lubricant base stocks, which may boost the government’s call for ...
South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the fi ...
Trading in some base oil segments was brisk, but some corners of the market have started to slow down, perhaps because c ...
Additional posted price decreases emerged within the Group II+ and API Group III categories during the week. SK Enmove a ...
United States base oil exports jumped by 60% in February, while base oil imports fell 34%, according to data released by ...
Safety-Kleen Systems acquired Noble Oil Recycling, which collects used oil in the Eastern United States and has a North ...
Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended Ma ...
Geopolitical events have fundamental effects on energy prices, and ultimately the prices applied to petroleum products s ...
Lukoil’s base oil and finished lubricant production both fell significantly in 2023, impacted by a decline in marine ...
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