Demand for spot cargoes has weakened in some countries in Asia, and there were signs that the tight supply situation had started to ease. Nevertheless ...
Chevron announced a posted price increase this week, the producer’s second initiative in a month. The company had last marked up prices on April 27, ...
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.
Market participants held on to hopes that the prevailing supply tightness would start to ease as requirements in some countries have started to weaken ...
Participants’ biggest concern continued to be the tight conditions affecting the market over the last several weeks. Base oil shortages have grown s ...
Remarkably, the base oil supply scene tightened further the past two weeks as availability in all product groups diminished. API Group I supplies rema ...
Tight base oil supply and steady buying interest for the heavy grades were still the driving forces behind climbing spot prices in Asia, but there wer ...
Motiva increased its API Group III posted prices this week, completing a round of hikes that started on April 26 with Phillips 66 implementing a price ...
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.
Base oil prices continued on an upward trek in Asia, but buyers have grown increasingly cautious regarding volumes and price levels, given market unce ...
Ergon, Calumet and San Joaquin Refining will be increasing naphthenic base oil prices this week, joining Cross Oil, which had announced an increase la ...
The run-up for base oil prices throughout Europe, the Middle East and Africa slowed the past two weeks, but there are few signs of downward pressure. ...
Ready for a Change The first quarter of the year was certainly a challenge. Base oil producers dealt with unexpected output disruptions and l ...
Market activity was dynamic in most markets in Asia, but the conclusion of transactions was hampered by a lack of availability and a certain degree of ...
A majority of base oil producers stepped out with price increase announcements this week. First out of the gate was Phillips 66, closely followed by E ...
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 ...
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