Base oil prices in Asia continued to be exposed to downward pressure due to declining demand and lengthening supply, with macroeconomic factors and vo ...

Used electrical transformer oil rerefiner Hydrodec has developed a new revenue stream, selling carbon credits to businesses such as energy companies t ...

The summer doldrums that typically envelop the base oils market in July and August appeared to have started earlier this year, as activity has been st ...

Summer mode may be arriving early to base oil markets this year, and this seasonal hiatus will only further dampen the demand picture across all regio ...

South Korea exported 12% less base oil in May – for its lowest volume since the end of last year – and its reported value declined by 16%, accordi ...

Ample supply and slowing demand continued to place downward pressure on base oil spot prices in Asia. Seasonal patterns, along with macroeconomic unce ...

Base oil market participants continued to face a challenging environment, as base oils and lubricants demand remained rather lusterless, with adequate ...

A competition court in Brazil today approved Grepar Participacoes’ acquisition of the Lubnor refinery from Petrobras – a decision intended as the ...

The knock-on effects of inflation and rising interest rates are constraining manufacturing and services industries to the extent of denting demand for ...

Indian Oil Corp. Ltd.’s expansion of its Haldia base oil plant is on track to be completed by the end of this year – a year later than originally ...

A rebound in base oil sales helped Eastern Lubricants Blenders achieve massive improvements in profit and revenue for the quarter ended March 31, whil ...

Many buyers in Asia adopted a wait-and-see attitude at the first signs that spot prices were starting to come down, and this has exacerbated the seaso ...

The summer driving season usually ushers in increased base oil activity, but market dynamics this year have deviated from the norm.

Several additional base oil producers and rerefiners communicated posted price adjustments over the week, including ExxonMobil, Excel Paralubes, Calum ...

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arabia – a change that will boos ...

Parts of the European, Middle Eastern and African region are showing vibrant activity, whilst others for one reason or another are dull and flat. In E ...

Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating profits for Hyundai Shell Base Oil ...

Spot base oil prices in Asia continued to face downward pressure on weaker demand and ample supplies, although ongoing and imminent turnarounds may li ...

Base oil exports from the United States climbed 12% to 4.1 million barrels in March – boosted by hefty increases in volumes sent to Mexico, Israel a ...

Motiva and Chevron communicated posted price decreases which were thought to be driven by sluggish demand, growing availability of most base oil grade ...