U.S. Base Oil Price Report
While base oil supply and demand hovered at predicted levels for the month of June, participants' attention remained focused on crude oil price fluctuations, as there were concerns that socio-political tensions could keep up the pressure on values.–by Gabriela Wheeler
EMEA Base Oil Price Report
Debate continues about the direction of base oil prices in Europe, the Middle East and Africa, with some API Group I producers intent on imposing increases while others seem willing to give discounts to encourage prompt sales. Group II and Group III prices appear more stable. –by Ray Masson
SSY Base Oil Shipping Report
The markets in the United States and Asia both remain soft amid weak demand. European markets are relatively upbeat in comparison.–by Adrian Brown
Asia Base Oil Price Report
Fundamentals were generally stable in the base oils market in Asia, with supply and demand deemed balanced, although many uncertainties clouded price predictions and dampened trade.–by Gabriela Wheeler
Pilot Chemical Co. named Mike Clark chief operating officer.
Rochna Kaul is acting CEO and managing director of Chevron Lubricants Lanka.
Kirill Vereta was appointed general director of Lukoil lube arm LLK International.