Chevron and SK enmove communicated posted price decreases this week, which will go into effect on March 28 and April 1, respectively. It was not surpr ...

European base oil buyers are still reticent to purchase large quantities of any type of base stock – even to replenish inventories that must be sore ...

The start of the spring season and the need to replenish inventories prompted many base oil buyers to return to the market in Asia, allowing for a fai ...

Lackluster demand continued to exert pressure on base oil prices, as market uncertainties weighed on business and lubricant sales. Volatile crude oil ...

Buying activity is starting to pick up in European, Middle Eastern and African base oil markets following an extremely lean spell when purchasers were ...

Base oil trading was fairly brisk in Asia, with many cargoes changing hands within the region and supply deemed overall balanced against demand, altho ...

Market participants seemed slightly perplexed at the fact that base oil demand has not been as strong as expected ahead of the spring lubricant produc ...

The economy is a growing concern for base oil markets throughout Europe, the Middle East and Africa as the stubbornness of inflation is raising concer ...

Regional demand appeared revitalized, with a flurry of base oil cargoes discussed for shipment from Northeast Asia to Southeast Asia and India during ...

The downward posting adjustment for API Group III base oils communicated by SK Enmove last week did not trigger additional posted price adjustments � ...

Lubricant blenders throughout Europe, the Middle East and Africa are making smaller base oil purchases than is normal for this time of year, continuin ...

A tighter supply and demand scenario lent stability to base oil pricing in Asia, although there were some corners of the market that have started to s ...

SK Enmove – formerly SK Lubricants Americas – communicated a posted price decrease for its API Group III base oils this week, with softer crude oi ...

Crude oil prices are falling again, even though demand is forecast to rise as China emerges from last year’s COVID-19 crisis. This spike in demand i ...

Demand started to show signs of strengthening while spot supply has tightened, propping up prices despite lower crude oil and feedstock values. Some r ...

The President’s Day holiday on Monday led to a slow start to the week, but participants expected business to pick up the pace over the next few days ...

–by Ray Masson

Buying interest was described as moderate against bounteous spot offers in Asia, and while prices remained exposed to downward pressure given ample su ...

The U.S. base oils market was gearing up for increased activity as consumers have started to pad inventories for the spring lubricant production seaso ...

Throughout Europe, the Middle East and Africa, a number of key production outlets have announced that maintenance work will be undertaken during the n ...