U.S. Base Oil Price Report
The API Group I segment appears to have moved into the spotlight this week, with supply described as extremely tight and buyers encountering difficulties in locating spot cargoes within the U.S. system.–by Gabriela Wheeler
EMEA Base Oil Price Report
After several quiet weeks, base oil markets turned frantic the past week as supply issues caused extremely high prices for the small number of available API Group I cargoes for export sales. –by Ray Masson
SSY Base Oil Shipping Report
Europe enjoyed a reasonably active week, and the United States is not a bad place for a ship to be seeking employment either. Asian markets, however, are still not fully functioning after the lunar holidays. –by Adrian Brown
Asia Base Oil Price Report
Prices were largely stable in the base oils market in Asia, supported by balanced-to-tight supply-demand factors and prospects of increased demand in coming weeks as the spring production cycle got underway.–by Gabriela Wheeler
Harvey Golubock, formerly of Witco Corp. and American Refining Group, died Feb. 24 in New York City. He was 75.
Heike van de Kerkhof was named head of Castrol's lubricants business in Europe and Africa.
Pilot Chemical Co. named Glynn Goertzen vice president of corporate development.