Market activity was expected to pick up following the Memorial Day holiday on May 30, the unofficial start of the summer driving season in the United ...

China announced that it would begin relaxing strict lockdowns in Shanghai and Beijing, stirring hopes that the global economy might revive, but that o ...

There was growing optimism in the different base oil segments in Asia as activity has picked up and demand seemed revived. This was partly due to the ...

South Korea’s base oil export volumes dropped almost 20% in April, continuing a trend of year-on-year flat or lower monthly volumes this year, accor ...

Vertex Energy Inc. reported large increases in gross profit and revenues for its used motor oil collection and processing business, while Perimeter So ...

The speed of price increase announcements seemed to accelerate this week. While Safety-Kleen communicated a posted price increase, rounding out a stri ...

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.

One person died and nine were injured Thursday night in an explosion at S-Oil’s refinery in Onsan, South Korea. The incident, which occurred as work ...

Signs emerged that the pandemic-related lockdowns in China started to ease and the situation might be improving, feeding hopes of a demand recovery in ...

Several paraffinic producers announced posted price increases, trailing a couple of suppliers who initiated markups in the previous two weeks. The inc ...

As the fighting in Ukraine continues, base oil markets face mounting pressure on availabilities of some grades, and prices of some grades continue to ...

Base oil availability seemed to be improving in Asia due to softer demand from downstream lubricant segments on the back of market uncertainties and t ...

Chevron announced a posted price increase this week, a week after Excel Paralubes had communicated a similar initiative, ushering in the fourth increa ...

Brazil’s base oil output – mostly API Group I oils – declined 6% to 44,000 metric tons in March, while base oil imports remained well below the ...

The European Union announced last week firm plans to impose an embargo on Russian oil and refined products, including base oils and lubricants, by the ...

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.

S-Oil reported a slight increase in profits for its base oil and lubricants business for the quarter ending March 31, while fellow South Korean base o ...

According to most base oil participants, the main issue affecting the markets was the uncertainty related to crude oil and feedstock pricing in the fa ...

Base oil production in the United States rose by 34% in February, compared to the same month last year, a U.S. government agency reported last week. O ...

Excel Paralubes communicated a posted price increase this week, hot on the heels of a previous round of price adjustments for API Group I, II and II+ ...