In an effort to reduce reliance on virgin base oils and to cut down on greenhouse gas emissions, the Japanese government has commissioned the Japan Lu ...

Cross Oil joined those naphthenic producers who had communicated price decreases last week. The adjustments were prompted by lower crude oil and feeds ...

Base oil trading has slowed almost to standstill in many parts of the market as the region sinks into holiday season. Buyers are simply not positioned ...

Profits increased more than 10% for SK Lubricants in the second quarter, while profits tumbled almost 70% for fellow South Korean base oil refiner Hyu ...

Base oil prices in Asia have softened on improved supply levels, cooling demand and lower crude oil and feedstock prices. The heated frenzy to acquire ...

Saudi Aramco announced on Monday a $2.7 billion deal to acquire Valvoline’s Global Products business, which is its lubricant and maintenance product ...

Naphthenic base oil producers communicated price decreases this week on softer market fundamentals. An unplanned production outage and force majeure d ...

Heritage-Crystal Clean’s oil business segment reported 45% higher revenue for its second fiscal quarter ending June 18, getting a boost from increas ...

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.

Crude oil and feedstock prices remain volatile, and the summer months have ushered in yet another round of base oil price increases.

The EU has imposed rounds of strict sanctions on Russian oil products. How will the bans affect base oil supply in the bloc?

The tide has turned in the Asian base oils market, with spot prices showing some softening as demand has slowed down and supply has lengthened, follow ...

Base oil demand remained healthy despite uncertainties brought about by volatile crude oil and feedstock prices, inflation and a possible recession, w ...

Italy recycled 98% of used lubricating oils collected in the country in 2021 – the fifth straight year that it met or topped that level – accordin ...

The summer holiday period appears to have started, as many players throughout Europe and the Middle East were missing from their desks this week. With ...

Base oil pricing has seen a reprieve in Asia, stabilizing after several weeks of consecutive upward price adjustments as availability has improved, de ...

South Korea exported 22% less base oil volume in June, compared to the same month last year, but the declared value of those exports rose 4%, accordin ...

There were no posted U.S. base oil price changes this week. Gabriela Wheeler is away. Her column will reappear in the July 27 edition of Lube Report A ...

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.

SK Lubricants and South Korea’s Ministry of Trade, Industry and Energy signed a memorandum of understanding last week to recycle waste lubricants in ...