Asian base oil markets seemed to be in a holding pattern as economic uncertainties and a tight supply scenario dampened buying interest. Participants ...
Base oil demand in the United States should increase slightly this year, but will remain significantly below pre-COVID-19 levels, an ICIS reporter tol ...
Blue Tide and Pennzoil-Quaker State have completed their new rerefinery in Baytown.
Many base oil market participants worry that the lackluster demand of the past two years may be the new normal. Do their anxieties have merit?
Steve Haffner explores how advances in additive and base stock technology have impacted base oil demand and how they will continue to do so in the lon ...
A balanced-to-tight supply and demand scenario offered support to current posted prices, with market participants keeping an eye on crude oil as futur ...
Join Base Oils Editor Gabriela Wheeler and Managing Editor Sydney Moore as they discuss this month’s Base Oil Report. Many base oil market pa ...
A degree of firmness has crept into base oil markets the past few weeks, apparently due both supply cuts caused by refinery maintenance programs and t ...
Some base oil consumers hit pause in purchasing activities as the month of March ended. There are expectations that additional product would be coming ...
Base oil demand was off to a somewhat slow start despite expectations of requirements gathering speed at the start of the spring season. Wavering lubr ...
Base oil exports from South Korea are down 6% year-on-year, according to Korea National Oil Corp. Dwindling Chinese demand and tariffs in the United S ...
If business, including the lubricant and base oil industries, had hoped for quick resolutions to the wars in Ukraine and the Middle East, they will ha ...
Base oil activity was generally subdued in Asia, with limited spot supplies and market uncertainties dampening business. Spot availability remained ti ...
Upward pressure has started to build on spot base oil prices because of a tighter supply and demand scenario and a sudden uptick in crude oil values. ...
Wilting demand for diesel in Europe could persuade refiners to redirect vacuum gas oil to base oil production.
China’s demand for imported API Group II and III base oils remained weak in 2024, speakers said at the Enmore China International Lubrication Indust ...
It may be too early to say what will come of ceasefire talks over the war in Ukraine, but an end to the fighting could have great impact on base oil m ...
Base oil buyers appeared more cautious this week as crude oil and feedstock values remained volatile and downstream demand was lackluster due to econo ...
Base oil prices were generally stable, but activity was slightly dampened by uncertainties related to the yo-yo effect of United States tariffs, as so ...
Chevron said Tuesday that it will add API Group III+ production capability at its base oil plant in Pascagoula, Louisiana, United States, claiming the ...
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