Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.
The shortage of a number of base oil grades, steep prices and the effects of the ongoing pandemic weighed heavily on participants’ minds this week.â ...
The prevailing tight supply situation does not seem to have improved significantly, but a few base oil plants have restarted, or were ramping up rates ...
A bizarre scene has settled over base oil markets where traders and other spot buyers are complaining that product from all base oil groups is simply ...
The strained supply and demand balance kept participants on their toes and spot prices on the rise, but participants said values may be close to reach ...
San Joaquin Refining joined the group of naphthenic base oil producers who announced increases at the end of March. Most paraffinic producers had also ...
Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.
Spot prices in Asia continued to be exposed to upward pressure, but the speed and size of the increases seemed to have been tempered by softer crude o ...
Ergon announced an increase for its naphthenic base oils, following similar initiatives recently implemented by Cross Oil and Calumet. On the paraffin ...
European, Middle Eastern and African base oil markets are going through a period never before experienced, with product exceptionally short in all mar ...
There was still no evidence that the tight base oil supply situation was starting to ease, and this, together with firming production and transportati ...
Be Careful What You Wish For A little over year ago, when an unknown virus plunged the world into a pandemic, base oil market participants started ...
A majority of base oil suppliers implemented posted price increases over the past couple of weeks, with Motiva and Safety-Kleen completing the round t ...
Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.
The strained spot supply conditions in Asia were not expected to improve significantly any time soon, as several plants were shut down for maintenance ...
Additional paraffinic base oil producers communicated posted price increases this week, following ExxonMobil’s move a week ago. On the naphthenic si ...
European, Middle Eastern and African base oil markets were rocked by large price hikes caused mainly by a lack of available products for blenders and ...
The main concern for Asian base oil consumers this week was the lack of availability of most grades, with unplanned and routine turnarounds magnifying ...
News that ExxonMobil had communicated posted price increases hit the market this week, with participants indicating that the adjustments were likely d ...
Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.
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