API Group I base oil prices have tumbled in Europe on the back of exceptionally aggressive export pricing from Eni in Livorno, Italy. The site could c ...

Base oil prices in Asia were swayed by divergent currents, with some values moving up on tighter supply, and others falling due to sluggish demand and ...

There was still no clear indication whether this spring season would be stronger in terms of base oils demand than last year’s, but most suppliers r ...

The Middle East conflict deepened the past week as the United States attacked multiple sites in Syria and Iraq that it claimed were home to militias i ...

Despite soft demand due to economic uncertainties affecting several countries in Asia, some base oil prices have edged up because of tightening condit ...

The first signs that base oil demand might be starting to perk up emerged during the week, but it was still too early to ascertain whether this meant ...

The Middle East situation intensified further the past week as the United States directly accused Iran of being responsible for proxy attacks in Jorda ...

Base oil demand remained generally sluggish in Asia, with suppliers finding difficulties in explaining the reasons for the lack of vitality. Some attr ...

While recession fears seemed to have subsided in the United States, economic uncertainties and ongoing geopolitical conflicts appeared to be still imp ...

The effects of ships avoiding the Red Sea are becoming more apparent as the days go by, with governments and operating companies realizing the complic ...

Despite expectations that the ongoing transportation disruptions in the Red Sea and delays in the Panama Canal would place upward pressure on base oil ...

Shipping and logistical difficulties continued to draw the attention of market participants, although domestic supplies have been unaffected by geopol ...

The main news topic this week is the escalation of attacks against merchant shipping in the Red Sea corridor, and retaliatory strikes against the Hout ...

A majority of base oil prices remained under downward pressure given plentiful supplies and sluggish demand, but some grades were tighter, supporting ...

With tensions in the Middle East mounting given Israel’s ongoing fight against Hamas in Gaza and growing Iranian involvement in hostilities, concern ...

European, Middle Eastern and African base oil markets are gradually returning to everyday business as players head back to desks following the winter ...

While the base oils market entered the New Year on a fairly muted note, several unfortunate incidents took place around the world in the first few of ...

The first week of the new year ushered in fresh posted price decreases, with SK Enmove announcing that it would be lowering its Group II+ and API Grou ...

Base oil markets remain very quiet, but activity could pick up this week as many players come back into circulation. The exception is that anyone invo ...

With just a couple of days left before 2023 draws to a close, markets in Asia were understandably quiet, particularly as the New Year’s festivities ...