U.S. Base Oil Price Report
While a vast portion of the market appeared to have slipped into summer mode, a few suppliers reported a small jump in orders, likely from buyers securing product ahead of potential base oil price adjustments as crude oil values continued their climb.–by Gabriela Wheeler
EMEA Base Oil Price Report
Base oil markets throughout Europe, the Middle East and African appear to be easing into their summer layoff. After a small spike in buying activity the past few weeks, trade has stabilized ahead of the traditional August lull.–by Ray Masson
SSY Base Oil Shipping Report
U.S. markets look fairly robust for the rest of July. Europe also seems as though it will get through the next couple of weeks without too much difficulty. Asia is not exactly busy, but owners are finding cargoes and there are clearly fewer prompt positions than before.–by Adrian Brown
Asia Base Oil Price Report
The base oil market in Asia was chugging along, with prices reported as stable to soft, sellers evaluating market conditions, and buyers assessing purchase needs for the next several months.–by Gabriela Wheeler
Thom Smith of Valvoline died June 3.
Anna Mascolo will succeed Anne Anderson as VP at Shell Aviation.
Todd Cawley is vice president, sales and marketing at Novvi.