Crude oil and diesel prices surged to multi-month highs following news that the United States and Israel had launched a coordinated attack on Feb. 28 ...
Idemitsu Kosan Co., Ltd. and Saudi Aramco signed a base oil supply agreement aimed at strengthening supply stability and commercial coordination. S ...
Malaysian waste management company and rerefiner Pentas Flora will supply rerefined API Group II+ and Group III base oils to Japan, formalizing its en ...
Operations have ceased at QatarEnergy’s Ras Laffan LNG processing facility and the nearby Mesaieed power plant following an Iranian drone strike, ac ...
The United States and Israel declared war on Iran on Feb. 28, launching strikes against infrastructure aimed predominantly at the removal of the Irani ...
Market discussions were expected to gradually gather pace following the Lunar New Year holidays celebrated last week in many countries of the region. ...
U.S. base oil producers handled this year’s arctic blast much better than in 2021.
Base oil production in Brazil fell 4% in 2025 but was still the country’s second-highest total since the COVID-19 pandemic, which started in 2020. ...
Reports that two producers had adjusted postings emerged this week. Interestingly, the price revisions took prices in opposite directions, with one in ...
London — SAE 0W lubricants are projected to become the fastest-growing light-duty engine oil segment over the next decade across Europe, North Ameri ...
Japanese refiner Idemitsu Kosan Co. and Saudi Aramco inked a agreement to cover the supply and procurement of lubricating base oils. The Tokyo-based r ...
Last week brought the start of Ramadan along with the Lunar New Year celebrations in Asia on the same day, Feb. 17. Ramadan does not have any marked e ...
Market discussions were expected to gradually gather pace following the Lunar New Year holidays celebrated last week in many countries of the region. ...
With the market still showing signs of being oversupplied and fewer export opportunities because of lackluster demand in other regions, domestic buyer ...
On the base oil global stage, the markets in AsiaPac appear to be moving longer, with a number of cargoes from locations in South Korea, Taiwan, Thail ...
With activity in several countries winding down for the Lunar New Year holidays, trading was largely subdued in Asia and prices underwent few fluctuat ...
London – Global base oil demand growth remains modest in aggregate but hides divergent regional shifts, Michael Connolly of ICIS said at the 30th IC ...
Despite recent run rate reductions at a number of plants due to freezing weather and a shift toward additional diesel and heating oil output, most bas ...
Following supportive attendances at two base oil conferences in London last week, many announcements were made by participating companies regarding pl ...
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