Excel Paralubes communicated a posted price increase, following similar initiatives by other base oil producers since the beginning of the month. The ...
The Iranian war has become a prolonged impasse with each side making claims on successes in the ongoing operations, all of which are being disputed by ...
Global availability of base oils remained constrained because of reduced flows from the Middle East and the impossibility of getting shipments through ...
Calumet and Chevron joined several other base oil producers who communicated posted price increases in August. The markups were driven by a very tight ...
In the Middle East, still no clear progress toward the reopening of the Strait of Hormuz. Statements continue that Iran is negotiating a deal with Oma ...
With the United States-Iran conflict largely unresolved, the war-related conditions that have caused so much turmoil in crude oil and base oil markets ...
According to reports, ExxonMobil and HF Sinclair announced posted price increases on the heels of several initiatives by other producers last week in ...
The Middle East situation becomes less clear as each week passes, thanks to conflicting information issuing from Washington and Tehran.
With crude oil supply uncertainties and Middle East shipping disruptions still plaguing the market, API Group I spot trading was almost at a standstil ...
Motiva, SK Enmove and Avista Oil announced posted price increases, driven by tight global availability of Group II+ and Group III base oils and recent ...
With the Iran war entering its sixth month, Donald Trump has again backed off from weekend attacks on Iran, which he had warned would be “fearsom ...
The exchange of military attacks between the United States and Iran was paused, at least temporarily, as U.S. president Donald Trump — urged by Saud ...
Market attention partly turned to events happening closer to home than the Middle East conflict this week, as a tropical storm threatened to disrupt r ...
United States President Donald Trump ordered a cessation over the weekend to the bombing program going on against Iran the past couple weeks. Counter ...
The Strait of Hormuz remained effectively closed despite a pause in hostilities between the United States and Iran. Further disruptions could be trigg ...
Intensifying hostilities between the United States and Iran and the renewed closing of the Strait of Hormuz continued to disrupt crude oil and refined ...
The past week saw a ramp up of strikes and counterstrikes between the United States and Iran, primarily directed toward the opening of the Strait of H ...
Escalating hostilities between the United States and Iran threw base oil markets into turmoil again given increased concerns about product availabilit ...
With the Strait of Hormuz once again effectively closed to vessel traffic, the chances that fresh crude oil and base oil shipments would be able to le ...
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