Home December 27, 2017

December 27, 2017

Volume 17 Issue 52

U.S. Base Oil Price Report

Gabriela Wheeler is away this week. Her column will reappear in the Jan. 3 issue.Historic U.S. posted base oil prices and WTI and Brent crude spot prices are available for purchase in Excel format.

EMEA Base Oil Price Report

Base oil markets are quiet, with European holidays extending into the middle of this week and many individuals away from their desks.Sources reported only a few cargoes being loaded, and these were arranged some time back. Few if any new shipments have been transacted the past few days. There also have been no major changes to underlying fundamentals, such...

SSY Base Oil Shipping Report

Adrian Brown is away this week and next week. His column will reappear in the Jan. 10 issue.

ExxonMobil White Paper Test

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Top Lube Report Stories of 2017

The year that is winding down has been eventful for the global lubricants industry - featuring a rocky road for lubricant standards in North America and big changes in the make-up of several markets.Once again there were significant delays to a major engine oil specification upgrade, this time ILSACs GF-6 passenger car category. Two Middle Eastern oil companies entered...

Harveys Toll: $200M in Lost Base Oil

How deeply did Hurricane Harvey bite into U.S. base oil supply? Domestic production in September plunged by 1.8 million barrels after the late-August storm savaged the U.S. Gulf Coast, according to data from the federal Energy Information Administration.Lube Report estimates that outages in September erased more than $200 million in revenue from the order books of affected refiners -...

Prepare Now for Marpol Sulfur Cuts

The International Maritime Organizations marine pollution regulations will cut the global fuel sulfur cap for oceangoing vessels to 0.5 percent by weight starting on Jan. 1, 2020 - in just two years. But lube oil formulators should be preparing now for this dramatic change, said Dick Wolpert, marine product line manager with Chevron Oronite, at the ICIS Pan American...

ATF Labels to Gain Clarity in Some States Jan. 1

Labels on automatic transmission fluid should be clearer starting Jan. 1 in the 19 states that automatically codify the latest version of the National Conference on Weights and Measures NIST Handbook 130.According to the 2018 version of NIST Handbook 130, the states in question are: Arkansas, Connecticut, Illinois, Maine, Missouri, Nevada, New Hampshire, North Carolina, Oklahoma, Rhode Island, South...

Briefly Noted

ExxonMobil Corp. will combine its refining and marketing operations into a single company, ExxonMobil Fuels & Lubricants Co., in the first quarter of 2018. Bryan Milton, current president of ExxonMobil Fuels, Lubricants & Specialties Marketing Co., was appointed to become president of the combined division effective Jan. 1. Elco Corp. parent Detrex and global specialty chemicals company Italmatch Chemicals...

Editor’s Letter

Beginning next week, LubesnGreases is switching to a regional format for Lube Report - and launching a third online newsletter. The new newsletter is Lube Report EMEA, which will focus on the lubricants industry in Europe, the Middle East and Africa and be published each Tuesday. Lube Report is being renamed Lube Report Americas and will continue to be...
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