U.S. Base Oil Price Report
Additional posted price decreases emerged on the heels of Motiva’s and Chevron’s adjustments, with sources reporting this week that Excel Paralubes and ExxonMobil would be reducing postings as well.–by Gabriela Wheeler
EMEA Base Oil Price Report
Base oil trade throughout Europe, the Middle East and Africa is at a yearly low, mainly due to the summer holiday period. A few export sales are still being conducted, but contract sales account for most of the activity that continues. –by Ray Masson
SSY Base Oil Shipping Report
None of the main markets can claim to have been busy over the past week. At best, the vessel supply to demand picture in each region has not worsened, and it could even be said to have tightened slightly in a few areas, but overall, freights remain weak.–by Adrian Brown
Asia Base Oil Price Report
Gabriela Wheeler is away. Her column will reappear in the Aug. 17 edition of Lube Report Asia.
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.