With tensions in the Middle East mounting given Israel’s ongoing fight against Hamas in Gaza and growing Iranian involvement in hostilities, concern ...

European, Middle Eastern and African base oil markets are gradually returning to everyday business as players head back to desks following the winter ...

While the base oils market entered the New Year on a fairly muted note, several unfortunate incidents took place around the world in the first few of ...

The first week of the new year ushered in fresh posted price decreases, with SK Enmove announcing that it would be lowering its Group II+ and API Grou ...

Base oil markets remain very quiet, but activity could pick up this week as many players come back into circulation. The exception is that anyone invo ...

With just a couple of days left before 2023 draws to a close, markets in Asia were understandably quiet, particularly as the New Year’s festivities ...

Motiva and Petro-Canada communicated a posted price decrease on their Group II+ and API Group III postings, completing the price revisions that the co ...

As markets close for the festive season, and more and more players are missing from desks and offices, the major talking point in the base oil industr ...

Activity was fairly subdued in Asia as the end of the year drew near. Supply levels have grown because demand for most grades has eased, while refiner ...

Most of the recently announced posted price decreases have taken effect but have generated little incremental demand as activity was winding down ahea ...

Last week saw a stand-off in European, Middle Eastern and African base oil markets, with buyers stating firmly that they did not have any requirements ...

With crude oil values remaining volatile, and base oil demand not showing much improvement, bearish sentiment permeated the base oils market in Asia a ...

HollyFrontier, Petro-Canada, Safety-Kleen and Avista Oil communicated paraffinic posted price decreases during the week, joining the group of base oil ...

If possible, base oil trade across Europe, the Middle East and Africa is slowing even more. Demand is disappearing from all sectors of the industry, w ...

Falling crude oil values and ebbing demand were placing downward pressure on base oil prices, with spot indications for a number of grades seeing down ...

A majority of paraffinic base oil producers have communicated posted price decreases over the last three weeks, with Paulsboro joining several others ...

Base oil prices are weakening throughout Europe, the Middle East and Africa as trading activity slows ahead of the year end. December has been forecas ...

The pace was more sedate in Asian base oil markets, entering the last month of the year. Spot prices for some grades came under pressure on fizzling d ...

A number of paraffinic base oil producers joined the ranks of Chevron and Motiva, who had announced posted price decreases last week prompted by subsi ...

Demand for all types of base oil has been falling the past week across Europe, the Middle East and Africa – especially for API Group I oils. In ligh ...