U.S. Base Oil Price Report
Market participants continued to monitor developments related to the devastating advance of the coronavirus pandemic. The outbreak has spawned a grim global economic outlook, the collapse of crude oil values, and hefty base oil price decreases, with Paulsboro, Avista Oil, Kleen Performance Products, Phillips 66 and Petro-Canada joining other producers in lowering posted prices this week.–by Gabriela Wheeler
EMEA Base Oil Price Report
The coronavirus pandemic is causing havoc across the whole globe. It would appear that the zenith has not yet been reached with most of the Western world now in lockdown.–by Ray Masson
Asia Base Oil Price Report
The Covid-19 pandemic has brought trading in Asia to a standstill, as more and more countries implement strict social distancing and lockdowns, business closures and remote work, with the impact primarily seen on manufacturing, commerce, tourism, transportation and in supply chain disruptions.–by Gabriela Wheeler
Chevron Oronite announced that Koon Eng Goh will replace Barbara Smith as vice president of products and technology after Smith's retirement on April 1.
Calumet Specialty Products Partners L.P. promoted Scott Obermeier to executive vice president, commercial.