After the chaos of last week's collapse of crude oil prices, markets have been adjusting upwards – at least until early Monday when values started t ...

The plunge of crude oil futures to negative levels this week heightened market participants' concerns as it reflected the steep decline in demand for ...

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sales of motor vehicles and motor ...

While North America’s petroleum wax supply has declined due to rationalization of API Group I base oil plants, the region accounts for more than 80 ...

Market participants watched in disbelief as United States crude oil futures crashed to negative levels for the first time in history due to the lack o ...

The hot news this week, apart from the continuing saga of coronavirus, is that West Texas Intermediate crude prices have collapsed. The U.S. benchmark ...

Businesses and organizations around the world were anxious to emerge from the devastating effects of the coronavirus pandemic, but it may be weeks bef ...

Asia accounted for more than half of 11.2 billion pounds of global wax supply in 2019, leading in petroleum waxes in large part because of China refin ...

Reports that the number of new coronavirus cases might be leveling off in some areas of the United States was welcome news as people and businesses ho ...

As the coronavirus pandemic continues to wreck economies around the world, demand is falling and even disappearing from some markets as refiners slash ...

The Covid-19 pandemic and the death toll associated with its advance were the main focus of attention in the market, as the outbreak has not only chan ...

Most of the world was consumed by concerns about the relentless advance of the Covid-19 pandemic; its effects on the population and economy are diffic ...

Economies remain paralyzed by the spread of Covid-19 with many employees and their bosses working from home wherever possible. This does not make for ...

Trading in Asia was largely constricted by the wide implementation of lockdowns and plant shutdowns as most countries continued to fight the spread of ...

The rapid spread of the coronavirus has triggered economic downturn around the world, and base oil producers have had to roll with the punches by cutt ...

Market participants continued to monitor developments related to the devastating advance of the coronavirus pandemic. The outbreak has spawned a grim ...

The coronavirus pandemic is causing havoc across the whole globe. It would appear that the zenith has not yet been reached with most of the Western wo ...

The Covid-19 pandemic has brought trading in Asia to a standstill, as more and more countries implement strict social distancing and lockdowns, busine ...

The precipitous fall of crude oil prices over the last two weeks and devastating effects brought about by the coronavirus pandemic on everyday life, h ...

As Covid-19 has brought Europe and much of the Middle East to a virtual standstill, the only region which appears to be affected less is sub-Saharan A ...