Market forces continued to pull prices in different directions in Asia, with tighter supplies of some grades supporting steady-to-firm prices, and len ...
Despite a reduction in activity levels in some segments of the base oils market, demand was generally described as steady for many grades, with supply ...
Base oil supply and demand in Europe, the Middle East and Africa are largely in line with global trends, but some areas do not fit into the template.
Lingering uncertainties continued to impact lubricant and finished products demand in Asia, and this, in turn, affected base oil consumption, as buyer ...
The crude oil and base oil markets appeared to be at a tipping point, with results of current trade negotiations between the United States and several ...
The cancellation of a summit in Hungary for United States President Donald Trump and Russian President Vladimir Putin dashed hopes for a quick end to ...
Activity in Asia was expected to gradually pick up the pace during the week, as participants in India returned from Diwali celebrations, and other cou ...
Most suppliers seemed to agree that domestic demand has been holding at fairly steady levels but has not been robust, with consumers securing smaller ...
The scheduling of a second peace summit between the leaders of the United States and Russia – this time possibly joined by their Ukraine counterpart ...
Business was proceeding at anticipated levels for October, with key markets such as India expected to slow down for week-long religious holidays and o ...
Fundamentals in the base oils market varied according to each category, with a tighter supply and demand scenario for some of the API Group I and Grou ...
The main news surrounding European, Middle Eastern and African base oil markets was Monday’s signing of a peace accord for Gaza, brokered by United ...
Some markets were expected to jump back into action following week-long holidays and others were preparing for subdued activities due to the start of ...
Base oil market participants appeared to have come to terms with current industry conditions and made a concerted effort to maintain price stab ...
Base oil demand has generally been positive heading into the fourth quarter, when trading traditionally slows. A number of arbitrages are open, some i ...
There were a few bright spots in the market despite deepening concerns about the growing supply and demand imbalance in some base oil segments. The la ...
Chevron stepped out with a posted price decrease announcement this week – the company’s first price revision since May. The price adjustment took ...
Base oil markets are seeing pockets of unseasonal demand for various grades, although the particular grades vary considerably between regions.
Downward price pressure continued on a few base oil grades because of soft fundamentals in Asia, although several cuts appeared to defy the current tr ...
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