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While the number of new coronavirus infections in China has fallen, the dire situation is far from over, with the disease claiming hundreds of victims ...

As Covid-19 spreads across the globe, businesses and trade have been subjected to a number of restrictions and travel bans. Lockdowns in Spain and Ita ...

While most of the market’s attention was captured by the impact of the coronavirus outbreak and the restrictions imposed on businesses and the gener ...

Just when market players thought that things could not get any worse, and there was actually hope that the spread of the coronavirus had slowed down i ...

As if the coronavirus epidemic were not enough, an international dispute between two of the worlds biggest oil producers, Saudi Arabia and Russia, has ...

A glimmer of hope started to be felt in Asian base oil markets as manufacturing activities have started to ramp up in China, given a slowdown in the n ...

HollyFrontier, Petro-Canada, Avista Oil and Kleen Performance Products communicated price decreases this week, joining a bevy of paraffinic producers ...

Following Motivas price decrease announcement last week, additional posted price adjustments emerged, with downward movements by Excel Paralubes, Chev ...

Calumet Specialty Products Partners L.P. announced yesterday it had acquired Paralogics LLC, a producer of candle and industrial wax blends based in M ...

As the Covid-19 coronavirus spreads, base oil markets are anxiously awaiting some form of respite. Markets are slowing in many areas with demand for f ...

Asia Base Oil Price Report

February 28, 2020

The Covid-19 virus continued to take center stage in discussions about the market situation, as the outbreak continued to spread to other countries ou ...

U.S. Base Oil Price Report

February 26, 2020

In a somewhat startling move, Motiva communicated a posted price decrease this week, thought to be driven by plunging crude oil and feedstock prices a ...

EMEA Base Oil Price Report

February 25, 2020

With attendee numbers down from last year, the ICIS World Base Oils & Lubricants Conference was obviously feeling effects of the Covid-19 coronavirus. ...

Asia Base Oil Price Report

February 21, 2020

Not all countries in Asia have been affected by the coronavirus outbreak to the same degree as China, but there was still concern about the situation ...

U.S. Base Oil Price Report

February 19, 2020

The Presidents Day holiday on Feb. 17 and the start of the ICIS World Base Oils Conference in London drew participants away from the work place and re ...

EMEA Base Oil Price Report

February 18, 2020

As the industry prepares for the ICIS annual base oil conference in London, markets are still reeling from the coronavirus epidemic in China. There ha ...

Asia Base Oil Price Report

February 14, 2020

Asian suppliers were making a concerted effort to maintain spot levels despite growing downward pressure from a slowdown of activity in certain segmen ...

U.S. Base Oil Price Report

February 12, 2020

Phillips 66 will be increasing posted prices this week, rounding out a series of posted price hikes that were first introduced in mid-January.-by Gabr ...

EMEA Base Oil Price Report

February 11, 2020

The coronavirus outbreak has paralyzed much of the Chinese economy, putting a dent in global demand for crude and petroleum products and causing energ ...

Asia Base Oil Price Report

February 7, 2020

Activity in the base oils market remained subdued as participants assessed product needs for the next few weeks, taking into consideration uncertainti ...