Market participants agreed that it was difficult to forecast product needs for upcoming months as recent trends have not been consistent with those se ...
Base oil production in the United States continues on the path to recovery, but the import and export scene has been slightly altered by geopolitical ...
Once more, supply and demand do not match in the North American base oil market. What has caused the imbalance?
The global base oil market has been through a lot since 2020. How has it weathered the storm?
The United States’ base oil production declined 16% in September, and production for the first nine months of the year was down 4%, compared to the ...
Base oil prices remained exposed to downward price pressure as supply continued to outpace demand and crude oil values have softened. However, given t ...
Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 billion – and that it intend ...
Clean Harbors’ Safety-Kleen segment continued its run of rising revenues with another strong quarter for the quarter ending Sept. 30, while Vertex E ...
Market participants kept an eye on transportation this week, as historically low water levels on the Mississippi River and a potential rail strike may ...
Unlike cryptocurrency markets, the base oils sector navigated through fairly smooth waters this week, with posted prices reported as stable despite th ...
Plans for a rerefinery in Tampa, Florida were on the books for so long, the industry could be forgiven for considering the plan a mirage. However, Pur ...
A seasonal slowdown in demand coupled with steady production rates at most facilities have resulted in oversupply conditions in the United States, but ...
Supply and demand fundamentals continued to weigh on base oil pricing, as consumption levels have slipped due to seasonal patterns, while steady produ ...
Base oil production in the United States dropped to 4 million barrels in August, the U.S. Energy Information Administration reported yesterday, the lo ...
As the lubricants industry searches for ways to come closer to meeting its sustainability goals, waste oil rerefining is gaining momentum.
There are numerous ways that lubricant makers can improve their sustainability profiles. Base stock selection could be a game changer.
Brazil has sold off two of its three major base oil plants. What might this mean for base oil production and overall market dynamics in the country?
Posted base oil prices seemed to settle into a more typical pattern this fall, but has the market returned to normality yet?
Profits rose 30% for the base oil and lubricants business of S-Oil and fell 16% for base oil refiner Hyundai Shell Base Oil in the third quarter, whil ...
Eneos Corp. closed the API Group I base oil plant at its Negishi refinery near Tokyo this month, part of a decision to permanently close most of the r ...
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