Base oil buyers in Asia faced the arduous challenge of locating supplies to cover immediate requirements, as the market was extremely tight and there ...

The base oils market remains extremely tight, even as refineries resume operations following unplanned shutdowns caused by freezing weather along the ...

Base oil markets in Europe, the Middle East and Africa are lurching from one problem to another, with supply issues increasing exponentially as availa ...

Unlike a year ago, when the COVID-19 pandemic had just started to affect business activities, leading to a slump in fuel and base oil demand and growi ...

Bright Stock Steals the Show Over the past several years, base oil market participants have repeatedly heard the mantra that API Group I grades wer ...

A number of additional price hikes surfaced during the week, completing the round of markups that started in mid-February and had resulted in most bas ...

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 ongoing tight supply scenario has been aggravated by production outages and force majeure declarations in the United States – once a regular and ...

Two United States base oil producers declared force majeure, following unplanned shutdowns due to extreme winter weather conditions, power and water s ...

Weather-related disruptions in Texas have caused a perfect storm for the base oil industry as new problems at multiple refineries exacerbated existing ...

The base oil market was gripped by fresh concerns about the global supply tightness, possibly exacerbated this week by weather-related outages in the ...

Paraffinic and naphthenic base oil producers communicated price increases over the last several days, initiating a second round of price markups in ab ...

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 prevailing tight supply conditions and rising crude oil values triggered steeper spot price ideas, with buyers ostensibly willing to pay substanti ...

Ongoing tight supply conditions, coupled with firming crude oil and feedstock prices, placed upward pressure on base oils, extending a trend that alre ...

The seasonal rise in demand that would normally take shape at this time of year appears as if it may pass by base oil markets this year due to the ong ...

One of the unexpected effects of the coronavirus pandemic has been a dearth in availability of most base oil grades, despite the demand slowdown broug ...

With a flurry of turnarounds currently underway, and a couple more slated in March, there appeared to be little relief in sight for the current tight ...

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.

Transcending Frontiers Never has the significance of globalization been more evident than at the current time, when a deadly and highly infectious ...