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 ...

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.

Sinopec has finally started up an API Group II base oil unit at its Yanshan Petrochemical refining complex, eight years after the unit was built. The ...

More moderate base oil demand, coupled with increased output, continued to exert downward pressure on spot pricing in Asia, although the speed and ext ...

With logistics gradually recovering after the recent hurricanes on the United States Gulf Coast, buyers and sellers turned their attention to product ...

European, Middle Eastern and African base oil markets are steady with only marginal erosion to prices across the various base oil types. API Group I i ...

Neste has agreed to sell its API Group III business to Chevron, the companies announced Monday, a deal that expands Chevron’s presence in the growin ...

U.S. Base Oil Production Continues on the Path to Recovery The COVID-19 pandemic wreaked havoc on United States base oil production during the firs ...

In the Eye of the Storm One of the unrelenting concerns for base oil market participants over the past several months was the fact that both buyers ...

A Time of Transition   The past 18 months have not been particularly wonderful for the active industries involved in keeping global economies ...

While the number of COVID-19 cases has started to fall in many countries, leading to a relaxation of pandemic-related restrictions, others were still ...

Ergon announced a naphthenic base oils price increase this week, joining other producers who have lifted values on the back of tight supply, climbing ...

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.

Many countries in Asia have started to relax pandemic-related restrictions and have given up their zero-COVID policies as they slowly rolled out vacci ...