Base oil market activity was expected to resume at a steadier pace after slowing down over the Memorial Day holiday on May 27. Orders had shown an upt ...

Base oils have bucked the general pricing trends for petroleum products in recent weeks, with rates for API Group I and II oils showing considerable s ...

While there were no unexpected incidents in Asia this week, there was a sense of unease and trepidation as geopolitical conflicts and economic uncerta ...

Base oil suppliers noticed a burst of activity ahead of the Memorial Day holiday on May 27, which unofficially marks the start of the summer driving s ...

Sunday’s death of Iranian President Ebrahim Raisi raised levels of trepidation in the Middle East, leaving players in the region’s base oil market ...

Availability of a few base oil grades has tightened in Asia, catapulting prices to higher levels, while other cuts seem to be more balanced against de ...

Base oil demand has shown a healthy uptick over the last two weeks, as blenders bolster inventories for the summer driving season and ahead of the sta ...

The conflicts in Ukraine and Gaza continue to grab the headlines, with Russia making advances into Ukraine territory and Israel seemingly intent on a ...

Trading in some base oil segments was brisk, but some corners of the market have started to slow down, perhaps because consumers have become increasin ...

Additional posted price decreases emerged within the Group II+ and API Group III categories during the week. SK Enmove announced that it would be lowe ...

Geopolitical events have fundamental effects on energy prices, and ultimately the prices applied to petroleum products such as base oils, hence this r ...

Supply and demand fundamentals in several base oil segments were balanced-to-tight, allowing for prices to remain on a steady course or edge up slight ...

Following a round of posted price increases issued by a majority of paraffinic base oil producers in April, Motiva surprised the market with a price d ...

The past week was relatively serene in the Middle East Gulf region, with no further reprisal attacks from Iran or Israel, but tensions are still high ...

Increased availability of some base oil grades was starting to exert downward pressure on prices in Asia, but values for most cuts were steady-to-firm ...

According to base oil suppliers, the implementation of posted price increases appeared to have inhibited orders to a certain extent, as buyers were mo ...

To the relief of many, the break-out of direct hostilities between Israel and Iran seems to be de-escalating after a series of attacks and reprisals a ...

A tightening supply and demand scenario in some segments of the Asian market drove prices to steeper levels, while other segments showed little fluctu ...

A number of base oil suppliers have implemented posted price increases over the last two weeks, with a few others joining the round of initiatives thi ...

By far the biggest news this week was the Iranian rocket and drone attack on Israel Saturday, undertaken in response to Israel’s April 1 strike on I ...