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    Home > Chemicals Industry > International Chemical > U.S. base oil production drops sharply in January

    U.S. base oil production drops sharply in January

    • Last Update: 2022-05-15
    • Source: Internet
    • Author: User
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    refiners produced 4.
    6 million barrels of base oil in January, down more than 10 percent from a year earlier and down 8 percent from January 2020, according to data released by the U.
    Energy Information Administration (EIA).
    %, also down 13% from December 2021, the lowest U.
    January output since 2013


      Across categories, U.
    paraffin-based base oil production fell 11% year-on-year to 3.
    9 million barrels in January and was 8% lower than the same period in 2020

    This is the lowest monthly production level since 3.
    7 million barrels in March last year

    Naphthenic base oil production in January fell 10% year-on-year to 716,000 barrels, 5% lower than the same period in 2020; however, month-on-month, it was up 8% from 665,000 barrels in December last year


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