A few participants rushed to finalize business ahead of the Thanksgiving Holiday celebrated in the United States on November 27, and this led to a sho ...
As the festive season approaches, a number of significant developments are underway in the base oil markets of Europe, the Middle East and Africa.
Aside from supply and demand factors, base oil prices in Asia were also influenced by steeper feedstock costs, leading some producers to keep offers u ...
Base oil consumption levels have slipped due to seasonal patterns, and this, along with steady production at most refineries and the release of hurric ...
Base oil buying activity is waning across Europe, the Middle East and Africa, and deliveries to finished lubricant blenders are expected to continue d ...
Spot prices for some base oil cuts succumbed to downward pressure on mounting availability, while other grades managed to maintain a steady course as ...
The successful completion of a plant turnaround coupled with slowing demand was expected to lead to oversupply conditions for some base oil grades. Pr ...
As base oil markets arrive at the mid-point of the year’s fourth quarter, there are signs of activity slowing in some regions. That’s unsurprising ...
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 ...
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