The oversupply of base oils that rapidly developed during the third quarter now appears to be gradually defusing, thanks largely to many refiners shif ...

An uptick in base oil demand in a number of countries, together with production curbs and several refiners’ decision to stream more feedstocks into ...

Unlike cryptocurrency markets, the base oils sector navigated through fairly smooth waters this week, with posted prices reported as stable despite th ...

Globally, demand for base oils and finished lubricants is largely down from previous years, even from late-year performance during the COVID-19 era. P ...

Supply and demand appeared to be better balanced in Asia, following production cutbacks, plant turnarounds, export transactions and a pickup of activi ...

A seasonal slowdown in demand coupled with steady production rates at most facilities have resulted in oversupply conditions in the United States, but ...

Base oil demand-supply balances have diverged significantly between Europe, the Middle East Gulf and Africa. Europe is flush with API Group II oils, b ...

Activity in Asia was spotty, with some markets seeing a slight pickup in base oil requirements and others still showing sluggish conditions because of ...

Supply and demand fundamentals continued to weigh on base oil pricing, as consumption levels have slipped due to seasonal patterns, while steady produ ...

Base oil demand is lackluster across most of Europe, the Middle East and Africa, although there has been an uptick in calls from some export markets, ...

As base oil supply and demand appeared to have attained a more balanced position in Asia, spot prices have also stabilized and indications for some gr ...

Availability of naphthenic base oils has tightened on the back of a plant turnaround, a recent unplanned production outage and healthy demand. A picku ...

Base oil markets across Europe, the Middle East and Africa are experiencing pressure from the downturn in economic activity in almost all countries ar ...

While ample supply and slowing demand continued to place pressure on certain segments of the base oils market in Asia, recent efforts by refiners to r ...

Supply increased in the United States market as a result of a seasonal decline in demand and fairly steady production rates at most base oil plants. T ...

Base oil markets in Europe, the Middle East and Africa are being pulled apart by two opposing dynamics. On one hand, a real lack of interest from the ...

Asian base oil prices continued to be exposed to downward pressure, and volatile crude oil and feedstock values did nothing but incense expectations t ...

Some corners of the United States base oils market seemed to be tighter than others but finding enough product in the domestic arena did not appear to ...

An air of resignation is creeping into the base oil markets in Europe, the Middle East and Africa, with many players content to sit back and wait for ...

A downward price trend persists in Asian base oil markets, with values showing additional weakening this week as supply lengthens and demand subsides. ...