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+ ...
Gabriela Wheeler explains some of the most prevalent factors contributing to the current—and confusing—base oil pricing dynamics.
Additional base oil producers joined those suppliers that had announced posted price increases last week by stepping out with initiatives of their own ...
Ecuador collected 4.1 million gallons of used lubricants in 2021 – a fifth of the amount of lubes it consumes – through a two-year-old program aim ...
Several base oil producers communicated posted price increases this week, thought to have been prompted by steep crude oil prices, along with prospect ...
A Mexican government agency complained recently that fuel smuggling in the country has more than doubled since 2018 and now accounts for a fifth of th ...
Brazil’s production of base oil – mostly API Group I – dropped 15% in February, and imports were down by more than two-thirds, according to data ...
Base oil market participants were keeping a vigilant eye on crude oil pricing, as values continued to show wild fluctuations, linked to developments i ...
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