A small number of base oil cargoes — probably the first since the Strait of Hormuz closed in March — have made it out of the Persian Gulf, but gl ...

Algeria’s state-owned energy company Sonatrach has advanced plans for a base oil unit producing API Group II and III base oils at its Arzew refinery ...

Hindustan Petroleum Corp. Ltd. (HPCL) awarded French engineering company Technip Energies an engineering, procurement and construction contract for tw ...

Malaysian energy giant Petronas is likely to restart its API Group III base oils unit at its Melaka refinery, an industry report said. A restart would ...

The Independent Lubricant Manufacturers Association said the American Petroleum Institute’s latest extension to emergency provisional licensing show ...

The Strait of Hormuz remained mostly closed to ship traffic, continuing to cause upheaval to the base oil market. Gabriela Wheeler likens the situatio ...

Gabriela Wheeler looks hard for good news in the base oil market.

Supplies of Yubase 4 base oil are set to tighten in Europe after Repsol warned customers that it will be unable to supply the API Group III grade thro ...

The Light at the End of the Tunnel Will the fragile ceasefire between the United States and Iran hold? Will crude oil and base oil shipments from t ...

Ukrainian long-range drones struck Gazprom Neft’s Omsk refinery on Monday, disrupting production at Russia’s largest API Group II and III ...

The disruption to shipping through the Strait of Hormuz has fractured the global base oil market, leaving Europe scrambling for scarce Group III suppl ...

No end in sight to the chaos in the Gulf.

Vertex Energy Inc. plans to add 6,000 barrels per day of virgin API Group III base oil capacity at its refinery in Mobile, Alabama, with startup targe ...

The current upheaval of base oil markets is severe enough to seem mythical except that lubricant producers are feeling the very real brunt.

Base oil supply has tightened and prices skyrocketed since the start of the latest war in the Middle East.

Like global energy markets, base oil and lubricant markets were roiled by the start of United States’ and Israel’s war against Iran.

China’s base oil imports fell below 1.5 million metric tons in 2025, reaching its lowest point in recent years, declining slightly from 2024 levels, ...

U.S. base oil producers handled this year’s arctic blast much better than in 2021.

London — SAE 0W lubricants are projected to become the fastest-growing light-duty engine oil segment over the next decade across Europe, North Ameri ...