Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and ...
A tightening supply and demand scenario and firm crude oil and feedstock prices drove base oil producers to seek posted ...
Base oil production in the United States decreased 8% in January, while naphthenic base oil output sank 24% to its lowes ...
Easter break, Ramadan and elections in Turkey have made base oil markets quieter than they otherwise would have been, bu ...
A few posted price increases were announced in late February. Might these increases have been a bit premature?
Base oil prices were generally higher in Asia on increasing buying interest and tighter availability, but values in some ...
China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base o ...
Several paraffinic base oil producers and rerefiners communicated posted price increases last week, with the increases g ...
Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in ...
Margins in Europe for API Group I base oils are being squeezed as crude oil and feedstock costs rise while prices for th ...
A tighter supply scenario and improved demand continued to support base oil assessments in Asia, although pricing in som ...
China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has ...
Motiva stepped out with a posted price increase late last week, with several other paraffinic base oil producers and rer ...
European, Middle Eastern and African base oil markets are evolving on a number of fronts, with Europe’s Group I export ...
Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo ...
Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few ...
South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, accordin ...
Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data relea ...
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