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Base oils are a type of oil used as a base for the production of lubricants, such as motor oil and hydraulic fluids. They are derived from crude oil through a process of refining, which involves distillation, hydro-treating, and dewaxing. Base oils are classified into four categories: paraffinic, naphthenic, aromatic, and synthetic. Paraffinic base oils are the most common type, and are derived from crude oil through a process of distillation and hydro-treating. Naphthenic base oils are derived from crude oil through a process of distillation and dewaxing. Aromatic base oils are derived from crude oil through a process of distillation and hydro-treating, and are used in the production of specialty lubricants. Synthetic base oils are derived from synthetic sources, such as polyalphaolefins, and are used in the production of high-performance lubricants. Some companies in the base oils market include ExxonMobil, Chevron, Shell, BP, Total, Valvoline, and Fuchs. Show Less Read more