Gabriela Wheeler explores some of the major factors that contributed to a series of posted base oil price decreases that emerged in early September.
Base oil conditions have been favorable during the summer months, but suppliers are still preparing for unexpected storms ahead.
Base oil demand has remained strong in the summer months. Might this good fortune persist?
Much of Europe's API Group I capacity is closed and there's a scarcity of bright stock. This may not be of great concern to passenger motor oils, ther ...
The summer season ushered in an uptick in base oil activity. Will the rest of the year keep pace?
Will the contrasting currents roiling the base oils market subside, or will they become even more pronounced as lubricant consumption reaches its deno ...
Several base oil producers stepped out with price increase announcements in March. Might this movement be indicative of increasing demand?
A few posted price increases were announced in late February. Might these increases have been a bit premature?
Base oil fundamentals have been lackluster for months. Might the spring production cycle breathe some life into the market?
Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...
Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...
Lukoil’s refinery in Volgograd, Russia, site of a major lubricant manufacturing complex, was struck last weekend by a drone purportedly launched by ...
Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...
Brazil’s growing car parc as well as advances in vehicle technology have reshaped base oil demand in the country. Is this a trend that is likely to ...
The first weeks of 2024 ushered in a wave of posted price decreases. Which factors are swaying market dynamics in the first quarter?
Italian refiner Eni stated Monday that the base oil plant at its Livorno, Italy, fuels refinery will close permanently when the site converts to refin ...
India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil companies, a Hindustan Petroleu ...
With the announcement of several posted price decreases, it is clear that the base oil market has been unable to escape the usual year-end doldrums.
A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, instead of 2024, according to a ...
Brazil’s base oil production tumbled down by 56% to its lowest point this year, while its lubricants import volume was up 18% in October, reaching i ...
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