Types of Lubricant Base Oil

Mineral oil term is used to encompass lubricating base oil derived from crude oil.

The American Petroleum Institute (API) designates several types of lubricant base stocks:

Group I - contain less than 90 percent saturates and/or greater than 0.03 percent sulfur and have viscosity index greater than or equal to 80
and less than 120.

Group II - contain greater than or equal to 90 percent saturates and less than or equal to 0.03 percent sulfur and have viscosity index greater than or equal to 80 and less than 120.

Group III - contain greater than or equal to 90 percent saturates and less than or equal to 0.03 percent sulfur and have viscosity index greater than or equal to 120.

Group IV - are polyalphaolefins (PAO).

Group V - include all other base stocks not included in groups I, II, III or IV.
Prices are FOB basis per U.S. Gallon (3.785 Liter)

Group I Group II Group III

Date High(USD) Low(USD) Crude (USD) Date High(USD) Low(USD) Crude (USD) Date High(USD) Low(USD) Crude (USD)
30-Jun-15 4.42 2.50 61.30 Jun-15 4.24 2.99 61.30 30-Jun-15 4.54 3.98 61.30
21-Jan-15 4.12 2.50 47.45 Jan-15 4.24 2.59 47.45 21-Jan-15 4.54 3.98 47.45
22-Jul-14 5.02 3.71 105.22 Jul-14 5.11 3.79 105.22 22-Jul-14 5.39 4.83 105.22
5-Mar-14 4.95 3.47 104.04 Mar-14 4.91 3.57 104.04 5-Mar-14 5.21 4.68 104.04
29-Jan-14 4.95 3.47 102.25 Jan-14 4.91 3.57 102.25 29-Jan-14 5.21 4.68 102.25
9-Oct-13 4.95 3.47 105.46 Oct-13 5.16 3.82 105.46 9-Oct-13 5.46 4.93 105.46
17-Jul-13 4.90 3.52 105.21 Jul-13 5.06 3.67 105.21 17-Jul-13 5.36 4.83 105.21
15-May-13 4.90 3.52 99.35 May-13 5.06 3.67 99.35 15-May-13 5.36 4.83 99.35
5-Mar-13 4.80 3.52 102.61 Mar-13 4.81 3.52 102.61 5-Mar-13 5.21 4.65 102.61
19-Jan-13 4.80 3.54 105.04 Jan-13 5.11 3.82 105.04 19-Jan-13 5.46 4.88 105.04
19-Dec-12 4.80 3.52 101.17 Dec-12 5.11 3.82 101.17 19-Dec-12 5.46 4.88 101.17
24-Oct-12 5.18 3.91 103.39 Oct-12 5.56 4.12 103.39 24-Oct-12 5.84 5.18 103.39
6-Jun-12 5.68 4.03 90.73 Jun-12 6.16 4.68 90.73 6-Jun-12 6.44 5.78 90.73
25-Jan-12 5.38 3.98 106.89 Jan-12 5.96 4.48 106.89 25-Jan-12 6.24 5.58 106.89
16-Nov-11 5.63 4.23 105.36 Nov-11 5.96 4.68 105.36 16-Nov-11 6.24 5.78 105.36
15-Jun-11 5.88 4.46 105.85 Jun-11 5.96 4.68 105.85 15-Jun-11 6.24 5.78 105.85
 Base Oil FOB USD /Gallon

-
1.00
2.00
3.00
4.00
5.00
6.00
7.00
1-Jun-11
1-Sep-11
Base Oil Price 2011-2015 Chart

1-Dec-11
1-Mar-12
1-Jun-12
1-Sep-12
1-Dec-12
1-Mar-13
1-Jun-13
1-Sep-13
1-Dec-13
1-Mar-14
1-Jun-14
1-Sep-14
1-Dec-14
1-Mar-15
1-Jun-15
30.00
60.00
90.00
120.00

Crude Spot Price(USD/bbl)

Crude
Group I
Group II
Group III
 Crude Data 2010 - 2015
Month Price USD Change
Jul-10 74.52 -
Aug-10 75.88 1.83%
Sep-10 76.11 0.30%
Oct-10 81.72 7.37%
Nov-10 84.53 3.44%
Dec-10 90.07 6.55%
Jan-11 92.66 2.88%
Feb-11 97.73 5.47%
Mar-11 108.65 11.17%
Apr-11 116.32 7.06%
May-11 108.18 -7.00%
Jun-11 105.85 -2.15%
Jul-11 107.88 1.92%
Aug-11 100.45 -6.89%
Sep-11 100.83 0.38%
Oct-11 99.92 -0.90%
Nov-11 105.36 5.44%
Dec-11 104.26 -1.04%
Jan-12 106.89 2.52%
Feb-12 112.70 5.44%
Mar-12 117.79 4.52%
Apr-12 113.75 -3.43%
May-12 104.16 -8.43%
Jun-12 90.73 -12.89%
Jul-12 96.75 6.64%
Aug-12 105.28 8.82%
Sep-12 106.32 0.99%
Oct-12 103.39 -2.76%
Nov-12 101.17 -2.15%
Dec-12 101.17 0.00%
Jan-13 105.04 3.83%
Feb-13 107.66 2.49%
Mar-13 102.61 -4.69%
Apr-13 98.85 -3.66%
May-13 99.35 0.51%
Jun-13 99.74 0.39%
Jul-13 105.21 5.48%
Aug-13 108.06 2.71%
Sep-13 108.78 0.67%
Oct-13 105.46 -3.05%
Nov-13 102.58 -2.73%
Dec-13 105.49 2.84%
Jan-14 102.25 -3.07%
Feb-14 104.82 2.51%
Mar-14 104.04 -0.74%
Apr-14 104.94 0.87%
May-14 105.73 0.75%
Jun-14 108.37 2.50%
Jul-14 105.22 -2.91%
Aug-14 100.05 -4.91%
Sep-14 95.89 -4.16%
Oct-14 86.13 -10.18%
Nov-14 76.96 -10.65%
Dec-14 60.55 -21.32%
Jan-15 47.45 -21.64%
Feb-15 54.93 15.76%
Mar-15 52.83 -3.82%
Apr-15 57.42 8.69%
May-15 62.50 8.85%
Jun-15 61.30 -1.92%
Jul-15 54.43 -11.21%