Graph and download economic data for Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock (PCU324110324110J) from Jun 1985 to Sep 2025 about refineries, lubricants, petroleum, stocks, oil, PPI, industry, inflation, price index, indexes, price, and USA.

In Q3 2025, North America, the Base Oil Price Index rose by 2.25% quarter-over-quarter, reflecting stable refinery runs. Check detailed insights for Europe, MEA and APAC.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Oil Base Stocks (WPU05780121) from Jun 2009 to Sep 2025 about lubricants, stocks, fuels, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

The Base Oil Report is Segmented by Base-Stock Type (Group I, Group II, Group III, Group IV, and Others), Application (Engine Oils, Transmission and Gear Oils, Metalworking Fluids, Hydraulic Fluids, Greases, and Other Applications), and Geography ( Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Volume (Million Tons).

On October 27, 2025, the Brent crude oil price stood at 65.14 U.S. dollars per barrel, compared to 61.31 U.S. dollars for WTI oil and 67.54 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Oil Base Stocks was 141.00600 Index Jun 2009=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Oil Base Stocks reached a record high of 258.19500 in July of 2022 and a record low of 66.50000 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Oil Base Stocks - last updated from the United States Federal Reserve on November of 2025.

The global group II and III base oil market size is projected to grow from USD 25.96 billion in 2025 to USD 42.97 billion by 2033, exhibiting a CAGR of 6.5%.
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United States - Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock was 397.30900 Index Jun 1985=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock reached a record high of 727.50900 in July of 2022 and a record low of 100.00000 in June of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Producer Price Index by Industry: Petroleum Lubricating Oil and Grease Manufacturing: Petroleum Lubricating Oils and Greases, Refined Petroleum (PCU3241913241910) from Apr 1974 to Sep 2025 about refined, lubricants, petroleum, oil, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The global base oil market, valued at $34,620 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 2.0% from 2025 to 2033. This growth reflects consistent demand across diverse applications, primarily driven by the automotive and industrial sectors. The increasing global vehicle fleet, coupled with rising industrialization and infrastructure development in emerging economies, fuels significant demand for lubricants. Technological advancements in base oil production, focusing on improved performance characteristics like enhanced viscosity index and oxidation stability, are further propelling market expansion. Furthermore, stringent environmental regulations are pushing the adoption of more sustainable and eco-friendly base oils, contributing to the market's overall trajectory. Growth segments include high-performance automotive oils catering to advanced engine technologies and specialized industrial oils for demanding applications such as metalworking and hydraulic systems. While the market displays consistent growth, challenges remain. Fluctuations in crude oil prices, a key raw material, directly impact base oil production costs and profitability. Geopolitical factors and supply chain disruptions can also create volatility. However, ongoing research and development efforts focused on improving base oil efficiency and reducing environmental impact are likely to mitigate these challenges in the long term. The competitive landscape is dominated by major multinational players, each vying for market share through technological innovation, strategic partnerships, and regional expansion. The market is segmented by type (Groups I, II, III, IV, V) and application (automotive oil, industrial oil, metalworking fluids, hydraulic oil, greases, others), offering opportunities for specialized product development and targeted marketing strategies. Continued investment in refining capacity and sustainable manufacturing practices will be crucial for companies seeking long-term success in this evolving market. This report provides a detailed analysis of the global base oil market, projecting a market value exceeding $100 billion by 2028. It delves into market dynamics, examining production volumes, consumption patterns, and future growth potential. The report incorporates data from leading players such as Shell, Chevron, Neste Oil, ExxonMobil, Total, and Sinopec, providing valuable insights for industry stakeholders. Keywords: Base oil market, Group I base oil, Group II base oil, Group III base oil, synthetic base oil, lubricant base oil, automotive lubricants, industrial lubricants, base oil prices, base oil producers.

¿Por qué cambió el precio del petróleo base en julio de 2025? El Grupo Base Oil I SN150 FOB Qingdao se mantuvo estable en comparación con el trimestre. Sin embargo, los precios aumentaron a USD 955/MT, Base Oil II H 500 FOB Qingdao (China) a finales de junio.

Access updated Base Oil import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Base Oil buyers in India.

As of December 2023, the retail price index of cottonseed oil in India was approximately 168. This meant, the RPI of cottonseed oil had increased by 68 percent compared to the base year of 2016. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

The global naphthenic base oil market is a significant sector, exhibiting robust growth potential. While the provided data states a 2025 market size of $2749.6 million, a comprehensive analysis requires understanding the Compound Annual Growth Rate (CAGR). Assuming a conservative CAGR of 4% (a reasonable estimate based on industry growth in similar petroleum products), we can project future market expansion. This growth is primarily fueled by increasing demand from key application segments, particularly industrial lubricants and greases, where naphthenic base oils are favored for their superior low-temperature performance and oxidation resistance. Further growth drivers include the rising need for high-performance electrical oils in various industries and the increasing use of naphthenic base oils in rubber processing. However, market growth may face some restraints including price volatility of crude oil (the primary feedstock) and increasing environmental concerns related to the production and disposal of petroleum-based products. Market segmentation by viscosity index highlights the diverse applications catered to, ranging from lower viscosity indices used in industrial lubricants to higher indices employed in specialized applications like high-temperature process oils. Key players like Royal Dutch Shell, Nynas, and Chevron Corporation are driving innovation and shaping market dynamics through technological advancements and strategic partnerships. The regional distribution of the market is expected to be diverse, with North America and Asia Pacific likely holding significant shares due to their established industrial bases and burgeoning economies. Europe's established industrial sector will also contribute substantially, while other regions like the Middle East and Africa will exhibit varying levels of growth depending on economic development and industrial expansion. The forecast period (2025-2033) anticipates steady growth, driven by sustained demand from various applications, however it is important to note that potential future regulations and technological advancements in alternative lubricant technologies could impact the long-term growth trajectory. The market's future hinges on balancing supply chain stability, technological innovation, and environmental sustainability considerations. This report provides a comprehensive analysis of the global naphthenic base oil market, projecting robust growth and significant market shifts. The market, valued at approximately $2.5 billion in 2023, is poised for expansion, driven by increasing demand across various industrial sectors. This detailed analysis delves into production trends, market segmentation, competitive landscape, and future growth prospects.

Naphtha rose to 516.78 USD/T on December 1, 2025, up 1.18% from the previous day. Over the past month, Naphtha's price has fallen 4.73%, and is down 13.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Naphtha - values, historical data, forecasts and news - updated on December of 2025.

United States PPI: FR: RF: Lubricating Oil Base Stocks data was reported at 148.982 Jun2009=100 in Mar 2025. This records a decrease from the previous number of 153.175 Jun2009=100 for Feb 2025. United States PPI: FR: RF: Lubricating Oil Base Stocks data is updated monthly, averaging 145.200 Jun2009=100 from Jun 2009 (Median) to Mar 2025, with 190 observations. The data reached an all-time high of 258.195 Jun2009=100 in Jul 2022 and a record low of 66.500 Jun2009=100 in May 2020. United States PPI: FR: RF: Lubricating Oil Base Stocks data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I066: Producer Price Index: by Commodities.

Brent crude oil is projected to have an average annual spot price of 67.22 U.S. dollars per barrel in 2025, according to a forecast from May 2025. This would mean a decrease of more than 13 U.S. dollars compared to the previous year and also reflect a reduced forecast WTI crude oil price. Lower economic activity, an increase in OPEC+ production output, and uncertainty over trade tariffs all impacted price forecasting. All about Brent Also known as Brent Blend, London Brent, and Brent petroleum, Brent Crude is a crude oil benchmark named after the exploration site in the North Sea's Brent oilfield. It is a sweet light crude oil but slightly heavier than West Texas Intermediate. In this context, sweet refers to a low sulfur content and light refers to a relatively low density when compared to other crude oil benchmarks. Price development in the 2020s Oil prices are volatile, impacted by consumer demand and discoveries of new oilfields, new extraction methods such as fracking, and production caps routinely placed by OPEC on its member states. The price for Brent crude oil stood at an average of just 42 U.S. dollars in 2020, when the coronavirus pandemic resulted in a sudden demand drop. Two years later, sanctions on Russian energy imports had pushed up prices to a new decade-high, above 100 U.S. dollars per barrel.

Access updated Base Oil Sn 60 import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Base Oil Sn 60 buyers in India.

The oil and natural gas price index is calculated using price data from both resources, weighted according to their share of energy consumption in the United States. The year 1982 is used as the base year for this index. Data sources include the International Monetary Fund and the Energy Information Administration.

United States PPI: Weights: FR: RF: Lubricating Oil Base Stocks data was reported at 0.176 % in 2024. This records a decrease from the previous number of 0.217 % for 2023. United States PPI: Weights: FR: RF: Lubricating Oil Base Stocks data is updated yearly, averaging 0.322 % from Dec 2009 (Median) to 2024, with 16 observations. The data reached an all-time high of 0.736 % in 2011 and a record low of 0.176 % in 2024. United States PPI: Weights: FR: RF: Lubricating Oil Base Stocks data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.