U.S. Base Oil Price Report
Reports that ExxonMobil would be increasing posted prices surfaced this week, along with Petro-Canada, HollyFrontier, Avista Oil, Calumet and Paulsboro. Petro-Canada also implemented an increase on its API Group II base oils last week.–by Gabriela Wheeler
EMEA Base Oil Price Report
The Easter holidays intruded on base oil markets this week, as many buyers and sellers vacated their desks to leave business transacting at a slower pace than normal. Most prices in Europe, the Middle East and Africa remained static.–by Ray Masson
SSY Base Oil Shipping Report
The U.S. Gulf is making some progress after the Intercontinental Terminals Co. fire, but is still not back to normal. Europe is seeing a moderate amount of activity, while Asia is slowly but surely filling the last of the April loaders.–by Adrian Brown
Asia Base Oil Price Report
The current supply and demand imbalance continued to be a matter of concern for Asian base oil suppliers, as this factor stifled prices at a time when producers hoped to implement increases due to the rise in crude oil, raw material, and transportation costs.–by Gabriela Wheeler
Gerard Mulqueen is head of Songwon's fuels & lubes business.
Kate Slyman is Pilot Chemical's Northeast regional sales manager.
Jon Giberson is president and COO of ARG.