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Base Oil Price Report

Posted by Admin on Aug 9, 2016 9:28:04 AM
  • Barge traffic restrictions on the upper reaches of the Ohio River were lifted Monday, to the relief of lubricant blenders who depend upon the river for transport of base oil supplies.
     
    Traffic of wet goods, including base oils and chemicals, was restricted for a week following a Jan. 9 accident in which rain-swollen currents sank a tug boat and six barges approximately 30 miles downriver from Pittsburgh. Three people died in the incident, during which the tug and three of the barges washed through a dam.
     
    Unable to locate one of the barges, authorities established a new channel for barges and reopened traffic for dry goods within a few days, according to Lt. j.g. Justin Covert, of the U.S. Coast Guard’s Marine Safety Office in Pittsburgh. The Coast Guard continued prohibiting traffic of wet goods as a precautionary measure until Monday.
     
    The Ohio is a popular conduit for base oils transported from refiners on the Gulf Coast up the Mississippi River toward blenders on or near the Ohio. Gordon Terminal Service Co., for example, operates a terminal for base oils and blends lubricants at McKees Rocks, Pa. Valvoline operates a blending plant in Freedom, Pa., that is also supplied by barge.
     
    “Quite a bit of base oil moves on the Ohio, so this has been quite a disruption to deliveries,” one supplier said.
     
    Posted prices for paraffinic base oils in the United States were unchanged this week. Crude oil prices continued to climb. The price on the New York Mercantile Exchange closed yesterday at $48.25 per barrel, $2.46 higher than a week earlier.

    Posted Paraffinic Base Oil Prices
    (U.S. $ per gallon/U.S. $ per metric ton)


    Group I

    Viscosity
    ExxonMobil*
    Valero
    Citgo
    Sunoco
    Calumet
    Gulf Coast
    East Coast
    East Coast
    Gulf Coast
    Midwest
    Gulf Coast
    60

     

     

     

     

     

    2.08/648

    70
     
     
     
     
    1.95/606
     
    85
     
     
     
    1.81/560
     
     
    100
    1.87/575
    1.98/509
    2.05/630
    1.88/577
     
     
    148-165
    1.84/560
    1.95/594
    1.96/593
    1.93/589
    1.93/593
     
    200-275
    1.79/541
    1.90/574
     
     
    1.86/565
     
    300-350
    1.79/540
    1.90/573
     
    1.83/551
    1.90/576
     
    500-525
     
     
    2.14/640
     
    2.11/637
     
    600-700
    2.02/607
    2.13/640
    2.16/638
    2.07/622
     
     
    bright stock 150
    2.13/629
    2.24/661
    2.27/665
    2.18/644
    2.24/665
    2.21/654


    Group II

    Viscosity
    Motiva
    ConocoPhil
    ChevTex*
    Calumet

    Flint Hills

    Valero
    Gulf Coast
    Gulf Coast
    West Coast
    Gulf Coast

    Gulf Coast

    East Coast
    70
    1.92/601
    2.01/621
     
     

    1.99/616

     
    75-80
     
    1.97/606
     
    2.07/640

    1.94/595

     
    100-110
    1.82/565
    1.92/592
    2.02/626
    1.99/614

    1.87/577

     
    145-150
    1.85/571
     
     
    2.01/613

     

    2.04/629
    200-225
     
    1.96/599
    2.06/630
     

    1.86/569

     
    305-325
    1.83/557
     
     
     

     

     
    600
    2.02/612
    2.04/619
    2.18/663
    2.13/639

    2.02/610

     

     

     Group II+

    Viscosity
    ExxonMobil*
    Motiva
    Gulf Coast
    East Coast
    Gulf Coast
    110-130
    2.06/643
    2.17/678
    2.12/663 
    190
    1.89/585
    2.00/619
     


    Group III

    Viscosity
    SK
    ConocoPhillips
    Gulf Coast

    West Coast

    Gulf, West and East Coasts
    3 cSt
    2.36/753

    2.46/785

    2.07/660
    4 cSt
    2.50/795

    2.60/827

    2.36/747
    6 cSt
    2.50/785

    2.60/816

      

    8 cSt
     

     

    2.38/744


    * ExxonMobil and ChevronTexaco prices obtained indirectly.