Capacity The Middle East is a major global base oil–producing region, with total installed capacity estimated at almost 5 million metric tons per ...

Capacity Africa is a small base oil–producing region, with total installed capacity estimated at approximately 585,000 metric tons per year, ...

Valencia, Spain – Europe and Asia are rapidly reshaping the rerefined base oil market, emerging as the dominant global hubs as sustainability mandat ...

Capacity South America is another small base oil–producing region, with total installed capacity estimated at approximately 1.6 million metric t ...

HollyFrontier announced a posted price decrease for most of its API Group I base stocks this week, in the wake of similar initiatives by Chevron, Exxo ...

Over the past two decades, the world’s mineral base oil refiners have gradually shifted away from API Group I production to more Group II and latter ...

Base oil markets have gone quiet in terms of purchasers and sellers conducting deals, but shipping remains active amidst the winter holidays – partl ...

With demand not expected to pick up in earnest until February, when many consumers start to build inventories for the spring lubricant production seas ...

Capacity Europe is a mature base oil–producing region, with total European base oil capacity estimated at 11.3 million metric tons per year, repr ...

North America is a major global base oil–producing region, with total installed capacity estimated at 14.95 million metric tons per year, accou ...

According to reports, ExxonMobil and Paulsboro Refining Co. planned to decrease posted prices this week, on the heels of similar adjustments by Chevro ...

A new feedstock agreement with state-owned Saudi Aramco ensures operations at Luberef’s API Group I base oil unit in Jeddah, western Saudi Arabia, u ...

The European, Middle Eastern and African base oil markets are subdued in terms of buying and selling activity, although deliveries of large cargoes fr ...

The European, Middle Eastern and African base oil markets are subdued in terms of buying and selling activity, although deliveries of large cargoes fr ...

Languid buying appetite and ample supplies continued to exert downward pressure on spot prices in Asian base oil markets. Buyers who were holding adeq ...

The base oils market moseyed its way through the last weeks of the year, with participants reporting business at predicted levels amid expectations th ...

Representatives of Europe’s waste oil rerefining industry called on the European Union to help grow the industry with stronger regulations and clear ...

Base oil prices across Europe, the Middle East and Africa are mostly softer except for a resilient API Group III segment, where demand appears to be g ...

As the end of the year closes in, market participants were trying to wrap up business. Some suppliers were eager to reduce inventories to avoid tax im ...

Chevron announced a posted price decrease for its API Group II base oils this week. The price revision wasn’t a complete surprise, as Group II cuts ...