Trading was expected to perk up in coming days as participants returned to work following the New Year’s holidays, although activity levels were ant ...

The freezing winter storm that forced a number of United States refineries, natural gas wells and utility companies to close last week may have had a ...

This week will start the return of many to workplaces and the restart of operations in blending plants across the regions. Base oil trade throughout E ...

As the market headed into the New Year’s weekend, activity has quieted down given that this holiday is one of the most widely celebrated festivities ...

A powerful winter storm sweeping across the United States over the last week forced several refineries and gas production sites to shut down temporari ...

As the calendar turns toward the New Year, base oil markets around Europe, the Middle East and Africa are quiet, with more operations closed down than ...

Demand generally weakened in Asia, which was typical market behavior given the approach of the year-end holidays and the usual pressure on both buyers ...

The calendar year is winding down, but one company livened the base oil market a bit this week with an unusually late announcement of price cuts. SK L ...

As base oil trading starts to slow ahead of the Christmas and New Year celebrations, buyers are less active even in areas not observing the Christian ...

Spot base oil prices seemed to have stabilized for the time being, despite demand picking up in a few countries and declining in others. Recent effort ...

A seasonal slowdown in demand, the release of hurricane-related product provisions, and the return to production of a number of plants following outpu ...

The hot news this week is that Russian companies are encountering problems chartering vessels for cargoes of petroleum products, including base oils. ...

Shifting conditions in China and the approach of the end of the year were pulling base oil prices in different directions in Asia. An easing of COVID ...

Market participants agreed that it was difficult to forecast product needs for upcoming months as recent trends have not been consistent with those se ...

The principal news this week is that G7 countries and the European Union have established a price cap of $60 per barrel for any purchases of Russian c ...

Supply and demand in Asia seemed to be better balanced than in the previous two months, when tepid requirements had led to a lengthening of supplies a ...

Base oil prices remained exposed to downward price pressure as supply continued to outpace demand and crude oil values have softened. However, given t ...

Base oil markets throughout Europe, the Middle East and Africa are desperately quiet, with weak demand across the board. Until now, there have always ...

Base oil prices were stable to firm in Asia, supported by a tightening supply and demand ratio amid renewed buying appetite from a few segments of the ...

Market participants kept an eye on transportation this week, as historically low water levels on the Mississippi River and a potential rail strike may ...