Easter break, Ramadan and elections in Turkey have made base oil markets quieter than they otherwise would have been, but market participants said the ...

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 pockets of the market were st ...

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base oil production and finished lub ...

Several paraffinic base oil producers and rerefiners communicated posted price increases last week, with the increases going into effect between March ...

Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in an ongoing campaign against Ru ...

Margins in Europe for API Group I base oils are being squeezed as crude oil and feedstock costs rise while prices for the base stocks remain steady. � ...

A tighter supply scenario and improved demand continued to support base oil assessments in Asia, although pricing in some segments has begun to unrave ...

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has long been one of the world’s ...

Motiva stepped out with a posted price increase late last week, with several other paraffinic base oil producers and rerefiners joining the bandwagon ...

European, Middle Eastern and African base oil markets are evolving on a number of fronts, with Europe’s Group I export market disappearing, activity ...

Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo on Russian petroleum product i ...

Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few base stocks saw increases as ...

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, according to data released by a govern ...

Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data released by a government agency.

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil and diesel project being develo ...

To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged that activity was not yet at � ...

Base oil trading trends in Europe and the Middle East Gulf are diverging this week as buying activity picks up in the latter region while the former r ...

The status of base oil production at ExxonMobil’s refinery in Port-Jerome-sur-Seine, France, was unclear after a broke out at the site yesterday aft ...

Two big powerhouses, India and China, are the largest net base oil importers in the world, and an Argus Media analyst predicted recently that they wil ...