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 ...

Additional posted price increases emerged this week on the back of last week’s producer-driven initiatives. All of these movements were fueled by st ...

Several fresh price initiatives were reported this week on both the paraffinic and naphthenic sides of the base oils market. The price movements were ...

Two increase initiatives emerged this week: One on the paraffinic side of the base oils market, and the other on the naphthenic side. Rerefiner Avista ...

Safety-Kleen has rebranded its rerefined base oils, putting them under the Kleen+ name that emphasizes their reduced carbon footprint. Officials ackno ...

Crude oil and feedstock pricing has been volatile, making it difficult for base oil producers to formulate a game plan. Gabriela Wheeler warns base oi ...

Base oil production in the United States rose 15% in March, compared to the same month last year, and was 17% higher than in March 2020, a U.S. govern ...

Market activity was expected to pick up following the Memorial Day holiday on May 30, the unofficial start of the summer driving season in the United ...

Vertex Energy Inc. reported large increases in gross profit and revenues for its used motor oil collection and processing business, while Perimeter So ...

The speed of price increase announcements seemed to accelerate this week. While Safety-Kleen communicated a posted price increase, rounding out a stri ...

One person died and nine were injured Thursday night in an explosion at S-Oil’s refinery in Onsan, South Korea. The incident, which occurred as work ...

Several paraffinic producers announced posted price increases, trailing a couple of suppliers who initiated markups in the previous two weeks. The inc ...

Chevron announced a posted price increase this week, a week after Excel Paralubes had communicated a similar initiative, ushering in the fourth increa ...

Excel Paralubes communicated a posted price increase this week, hot on the heels of a previous round of price adjustments for API Group I, II and II+ ...