South Korea again exported a larger volume of base oils and more than doubled its declared export value in October, compared to the same month last ye ...
After a long, large run-up from the spring of 2020, base oil prices in Europe began retreating since summer, indicating that supply is catching up wit ...
September base oil production in Brazil was 22% higher than the same month of last year and was up even more from pre-COVID-19 levels. Despite the inc ...
HollyFrontier Corp.’s lubricants and specialty products segment reported large increases in income and revenue from operations, and Clean Harbors’ ...
The United States produced 5.5 million barrels of base oil in August, according to the latest data from the federal Energy Information Agency, 19% bet ...
The price for bright stock increased dramatically in early 2021, incentivizing lubricant formulators to seek immediate alternatives and consider those ...
November Cooldown The naphthenic base oil segment in the United States was where most of the upward price action took place in September and Octobe ...
S-Oil reported much higher operating income for its base oil business, SK Lubricants posted a large jump in operating profit, and Pakistan-based blend ...
Base oil demand has softened in Asia due to seasonal patterns, upcoming religious festivals, and the traditional efforts by both buyers and sellers to ...
Afton Chemical reported a lower operating profit despite increased sales – citing such factors as rising costs for raw materials and energy and cont ...
Cross Oil announced a price increase for naphthenic base oils this week, while on the paraffinic side, suppliers were monitoring market developments a ...
Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.
Base oil prices were mixed in Asia this week, as some grades moved up, some stayed unchanged and others lost ground because each group was impacted by ...
South Korea exported a larger volume of base oils and more than doubled its declared export value in September, compared to the same month last year. ...
Chevron communicated a posted price increase, breaking a seemingly long hiatus without any paraffinic base oil price adjustments, especially consideri ...
Base oil demand has begun to wane throughout Europe, the Middle East and Africa, reflecting seasonal factors affecting the various sectors. Opinion an ...
Logistical issues, port congestion and energy supply shortages continued to affect the supply chain in Asia, forcing some manufacturing operations to ...
Vertex Energy shareholders voted in favor of its proposed sale of used motor oil collection and recycling assets – including two rerefineries – to ...
Market fundamentals were largely stable, although spot prices for the light viscosities continued to be exposed to downward pressure as more base oils ...
ExxonMobil Synthetics today announced plans to expand the production capacity of its metallocene high viscosity polyalphaolefin plant in Baytown, Texa ...
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