Vertex Energy Inc. reported a 178% increase in gross profit and increased sales for its used motor oil collection and processing business, and Perimet ...

An Italian association that promotes recycling of waste lubricants has sharply cut a finished lubricant tax designed to help finance those efforts, th ...

Activity in the United States base oils market proceeded at a moderate pace as participants enjoyed the last few days of the summer holidays and buyer ...

Cross Oil joined those naphthenic producers who had communicated price decreases last week. The adjustments were prompted by lower crude oil and feeds ...

Naphthenic base oil producers communicated price decreases this week on softer market fundamentals. An unplanned production outage and force majeure d ...

Heritage-Crystal Clean’s oil business segment reported 45% higher revenue for its second fiscal quarter ending June 18, getting a boost from increas ...

Crude oil and feedstock prices remain volatile, and the summer months have ushered in yet another round of base oil price increases.

The EU has imposed rounds of strict sanctions on Russian oil products. How will the bans affect base oil supply in the bloc?

Base oil demand remained healthy despite uncertainties brought about by volatile crude oil and feedstock prices, inflation and a possible recession, w ...

Italy recycled 98% of used lubricating oils collected in the country in 2021 – the fifth straight year that it met or topped that level – accordin ...

South Korea exported 22% less base oil volume in June, compared to the same month last year, but the declared value of those exports rose 4%, accordin ...

There were no posted U.S. base oil price changes this week. Gabriela Wheeler is away. Her column will reappear in the July 27 edition of Lube Report A ...

SK Lubricants and South Korea’s Ministry of Trade, Industry and Energy signed a memorandum of understanding last week to recycle waste lubricants in ...

Base oil market participants seem to have adopted a wait-and-see position on the back of changing fundamentals. Plunging crude oil values lifted some ...

Base oil market activity remained steady given avid buying interest from downstream lubricant segments during the summer driving season, although busi ...

With the war in Ukraine still raging on and feedstock prices soaring, this summer is shaping up to be a wild ride for the base oil market.

How do different base stocks contribute to improved grease performance? Are synthetics the best option, or have mineral oils been holding their ground ...

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of its base oil business. For now ...

With only a few days to go before the 4th of July holiday weekend and the summer driving season in full swing, lubricant demand has seen an uptick ove ...

An ExxonMobil official predicted Monday that the pace of openings of new base oil capacity will slow in coming years compared to rapid-fire additions ...