Venezuelan petrochemical and environmental management company Petromaca’s rerefinery is the latest used lubricant recycling project to spring up in ...

As base oil markets settle down following the summer break, pricing is becoming more varied depending on base oil type and, ultimately, availability a ...

Many expected buying activity to improve over the next few weeks. But sluggish lubricant demand, falling crude oil and feedstock prices, severe region ...

Participants were keeping an eye on a tropical depression developing in the Gulf of Mexico. The National Hurricane Center anticipated the storm to bec ...

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and local refiners offer a surplus ...

With base oil market players returning to work last week, there was buyer interest in all types of oils. Many buyers were looking for quantities of AP ...

Base oil markets in Asia appeared to be in a holding pattern, as many buyers preferred to delay fresh purchases until a clearer price direction emerge ...

Motiva stepped out with a posted price decrease late last week, which was quickly followed by a number of similar initiatives from other suppliers. Ex ...

Rising cost of sales forced National Refinery Ltd, Pakistan’s only base oil refiner, to announce losses of Rs 15.79 billion (U.S. $56.64 billion) du ...

Base oil production in Brazil rose 8% in July, compared to the same month last year, according to the latest data from a government agency.

Base oil markets seemed to reopen for business this week as your columnist was bombarded Monday with calls, messages and emails – from early morning ...

Base oil conditions have been favorable during the summer months, but suppliers are still preparing for unexpected storms ahead.

Base oil activity was still fairly subdued in Asia, even though September and October shipment discussions should have been in full swing. Some partic ...

Even as base oil trading began returning to normal at the end to the summer holiday season, the wars in Gaza and Ukraine escalated, ramping up worries ...

Reports that suppliers granted substantial temporary voluntary allowances or adjustments (TVAs) circulated this week. There was speculation that the a ...

Fierce competition and weak demand are pushing small companies in China’s lube industry to dig deeper to find opportunities, said speakers at an ann ...

Suppliers have their sights set on September, hoping that the end of the rainy season in some parts of the region and the arrival of Fall in others wo ...

A large part of the base oils market has slipped into summer slumber mode, although a few suppliers reported a small pickup in orders, likely as parti ...

Base oil production in the United States was about flat in May, compared to the same month of 2023. Meanwhile base oil imports dropped to one of the l ...

German rerefiner Puraglobe appointed a new CEO, Alois Virag. He replaces the long-serving Andreas Schueppel, who was at the helm for two decades.