U.S. Base Oil Price Report
Reports that Motiva, ExxonMobil, Calumet, HollyFrontier, and Paulsboro Refining would be increasing posted prices emerged this week, following similar upward movements by other paraffinic base oil producers.–by Gabriela Wheeler
EMEA Base Oil Price Report
Declines in crude oil and feedstock prices caused a pause – at least temporarily – on the upward pressure for base oil prices. It is too early for these changes to be passed on to base oil values, but some buyers have already called for downward corrections. –by Ray Masson
SSY Base Oil Shipping Report
It feels like the U.S. market is treading water currently, with only a minimal amount of fixing taking place. Europe is performing reasonably well, but Asia is rapidly decelerating just before the New Year. –by Adrian Brown
Asia Base Oil Price Report
Base oil trading in Asia has almost come to a standstill, as many participants were away during the Lunar New Year holidays this week.–by Gabriela Wheeler
Motiva named Brian Coffman presient and CEO.
Cathy Novak joined Palmer Holland as lubricant and metalworking fluid technical service specialist.
Dr. Donald “Don” Smolenski started his own consultancy, Strategic Management of Oil (SMO), LLC.