Chevron Phillips Chemical has finished expanding its low-viscosity polyalphaolefins production facility in Belgium, more than doubling annual capacit ...
European, Middle Eastern and African base oil markets are largely subdued, with many players missing from offices due to holidays in Europe and Middle ...
With base oil demand starting to show definitive signs of slowing and supply growing as turnarounds have been completed, it was no surprise to see som ...
The Southeast Asian nation is bringing more rerefining capacity online.
A majority of base oil grades have attained more balanced supply and demand conditions, supporting stable pricing, but a few cuts have started to leng ...
Against a backdrop of a continent on holiday, the European base oil markets appear to have been energized by a bout of activity that would normally be ...
Wars, tariffs, a slew of temporary refinery shutdowns – nothing phases base oil prices these days. Gabriela Wheeler discusses the unrattled market.
Base oil prices were mixed in Asia, with supply and demand factors playing different roles and splitting prices in different directions, even within t ...
Despite the ongoing turbulence on the global geopolitical stage, and the international tariff upheaval caused by United States President Donald Trumpâ ...
With supply and demand conditions showing little change over the week, base oil prices were generally reported as stable. The market was still digesti ...
The United States and the European Union have reached a trade agreement that will levy a 15% tariff on EU exports to America – and which seems bound ...
The diverging price trends observed for various base oil categories over the last few weeks appeared more pronounced this week due to softer demand ag ...
The base oils market seems to have slipped into a summer slumber, with demand described as steady, but not particularly vigorous as the height of the ...
With 10 days remaining before United State President Donald Trump declares tariffs on European Union goods and services, the base oil market is awaiti ...
Once again, base oil spot prices for certain grades strengthened in Asia due to tight supply and demand fundamentals and a lack of offers from regular ...
Capacity Asia is a huge and diverse region, encompasing mega-economies such as India, China, Japan, South Korea and Indonesia, as well as the oil-r ...
With the summer driving season underway and base oil demand beginning to decline as the peak lubricant production cycle winds down, buyers were focuse ...
North America North America’s lubricant industry began 2026 like any other year. Soft demand conditions and seasonal price fluctuations had chara ...
Into July, and very little new activity has been evident in the base oil markets across European, the Middle East and Africa. There are certainly pock ...
Over the past 20 years, U.S. base oil exports have been on a generally upward trajectory, except for a dip around the global pandemic of 2020-21. ...
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