U.S. Base Oil Price Report
Base oil producers watched the fall of crude oil prices with a certain degree of relief as margins had been squeezed by lofty values in previous weeks, and an attempt to adjust base stock prices had seemed a futile exercise due to soft demand fundamentals.–by Gabriela Wheeler
EMEA Base Oil Price Report
Base oil markets throughout European, the Middle East and African remain stable but are menaced by a number of factors that could exert upward or downward pressure on prices. –by Ray Masson
SSY Base Oil Shipping Report
There has been a tiny improvement in cargo volumes out of the United States this week, Asian markets are mostly unchanged, and Europe is now starting to slow down.–by Adrian Brown
Asia Base Oil Price Report
With crude oil prices retreating over the last couple of weeks, some of the pressure on base oil values has been lifted, but producers still feel their margins are squeezed on the back of higher production costs since earlier in the year.–by Gabriela Wheeler
Consultant Roy Fewkes died May 11 at age 69.
Vicki Case was appointed global marketing director at Ametek Brookfield.
Raj Shah of Koehler Instrument Co. became the youngest recipient of the Society of Tribologists and Lubrication Engineers’ P.M. Ku Award.