U.S. Base Oil Price Report
Plunging crude oil prices and plentiful base oil supplies seem to have prompted Chevron to lower its API Group II base oil prices this week.–by Gabriela Wheeler
EMEA Base Oil Price Report
Availabilities continue to mount in some sectors of the base oil market within the European, Middle Eastern and African regions, with API Group I and Group III within Europe leading the way in this context.–by Ray Masson
SSY Base Oil Shipping Report
Space from the U.S. Gulf is gradually draining away for the rest of the month due to improved demand. November space is tighter within Asia too. European markets are busier than previously, but lack of space is not an issue.–by Adrian Brown
Asia Base Oil Price Report
Spot base oil prices in Asia were reported as stable to soft, with ample supply, adequate inventories and slipping crude oil prices driving a few indications down.–by Gabriela Wheeler
Barbara Kudis became president of the Independent Lubricant Manufacturers Association.
Calumet Specialty Products Partners appointed Dan Sheets to its board of directors.
Jason Galary was named director of research and development at Nye Lubricants.