ExxonMobil has begun construction on a major expansion of API Group III base oil production at its Baytown complex in Texas. The expansion is aimed at ...
The European Union’s sanctions on oil products produced using Russian crude oil appear to have been badly thought through. Material such as jet fuel ...
The Asian base oils market has been like a giant that is taking its time to awaken, since the potential for business is robust, but demand continues t ...
Rerefined base oil production is gaining traction globally as sustainability goals and circular economy models reshape the lubricants market. Capacity ...
Synthetic base stocks, unlike mineral base oils in Groups I–III, are synthesized from molecules with identical structures rather than refined. This ...
Base oil activity proceeded at a moderate pace this week, partly dampened by the Martin Luther King Jr. federal holiday on Jan. 19, with suppliers not ...
This week the news is rotating around the implementation of new European Union and United Kingdom sanctions on material produced using Russian crude i ...
With few definite indications whether lubricant demand will strengthen in the next few weeks, Asian buyers have taken a wait-and-see approach and were ...
The geography, quality and scale of global base oil supply has fundamentally changed over the past two decades. Global production capacity has swollen ...
Time to Shift Gears? Despite the fact that 2025 proved to be a challenging year for the base oils and lubricants industry, most market players r ...
January is generally considered a transitional month in that both buyers and sellers assess inventories and product needs for the coming months, with ...
With most players having returned to their posts, business around Europe, the Middle East and Africa has resumed with what appears to be added zest on ...
Trading in Asia’s base oils market was expected to pick up the pace against a background of growing geopolitical tensions on several fronts. Some of ...
Base oil prices were generally stable this week given that there has been little change in conditions since the end of the year, with sluggish demand, ...
Saudi Arabian base oil refiner Luberef and national oil company Saudi Aramco are evaluating the feasibility of an API Group III base oil manufacturing ...
This week sees the return to work for many participants in the base oil industry who have been on holiday during the past couple of weeks.
Weekly Asia Base Oil Price Report Gabriela Wheeler – January 5, 2026 Similar conditions to those seen during the last weeks of 2025 ...
The base oils market was understandably quiet during the last few days of the year, with the recent posted price decreases having been implemented for ...
A significant portion of the world’s base oil production capacity is concentrated in a relatively small group of countries – namely the United Sta ...
The past year has been one where geopolitical events played major roles in defining a number of base oil markets, imposing restrictions on trading and ...
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