U.S. Base Oil Price Report
Excel Paralubes, HollyFrontier, Petro-Canada, Avista Oil and Calumet jumped on the bandwagon of those paraffinic base oil producers who increased posted prices over the past couple of weeks.–by Gabriela Wheeler
EMEA Base Oil Price Report
Loose availability continues to hold back prices for many base oils throughout Europe, the Middle East and African. Expanding supply and weak demand are squeezing margins for API Group I oils, while the flow of Group II in Europe continues to swell.–by Ray Masson
SSY Base Oil Shipping Report
The U.S. markets show no real improvement, but they have not dropped further. Europe has been slow with many people away attending a trade event. Asia is starting to move in the right direction, but it needs more impetus to push it to the next level.–by Adrian Brown
Asia Base Oil Price Report
Lengthening supply and sluggish demand weighed down base oil pricing in Asia, but a retreat in crude oil values may bring some relief to producers’ squeezed margins.–by Gabriela Wheeler
Texas Refinery Corp. named Patrick M. Walsh its new president.
Darren Booth was appointed president of the Petroleum Packaging Council.
Global OEM and Industry Liaison Gary Parsons retired from Chevron Oronite.