Base Stocks

Activity in Asia was expected to gradually pick up the pace during the week, as participants in India returned from Diwali celebrations, and other cou ...

Most suppliers seemed to agree that domestic demand has been holding at fairly steady levels but has not been robust, with consumers securing smaller ...

The scheduling of a second peace summit between the leaders of the United States and Russia – this time possibly joined by their Ukraine counterpart ...

Business was proceeding at anticipated levels for October, with key markets such as India expected to slow down for week-long religious holidays and o ...

Bashneft’s refinery in Ufa, Russia, was attacked by Ukrainian drones Saturday, causing undetermined damage to another Russian refinery that produces ...

Fundamentals in the base oils market varied according to each category, with a tighter supply and demand scenario for some of the API Group I and Grou ...

The main news surrounding European, Middle Eastern and African base oil markets was Monday’s signing of a peace accord for Gaza, brokered by United ...

Some markets were expected to jump back into action following week-long holidays and others were preparing for subdued activities due to the start of ...

Base oil market participants appeared to have come to terms with current industry conditions and made a concerted effort to maintain price stab ...

Specialty chemicals producer SK Minerals & Additives will open its initial public offering on Oct. 10, 2025, looking to raise about $4.9 million t ...

Base oil demand has generally been positive heading into the fourth quarter, when trading traditionally slows. A number of arbitrages are open, some i ...

There were a few bright spots in the market despite deepening concerns about the growing supply and demand imbalance in some base oil segments. The la ...

The summer driving season in the United States reached its denouement in early September, dampening fuel and motor oil consumption as the peak oil cha ...

Clean Harbors announced this week that its Safety-Kleen waste oil and rerefining subsidiary will raise rates.

Chevron stepped out with a posted price decrease announcement this week – the company’s first price revision since May. The price adjustment took ...

Base oil markets are seeing pockets of unseasonal demand for various grades, although the particular grades vary considerably between regions.

Downward price pressure continued on a few base oil grades because of soft fundamentals in Asia, although several cuts appeared to defy the current tr ...

October Base Oil Report

September 26, 2025

Demand appears set to decline and inventories to grow, as Gabriela Wheeler explains.

The just-completed expansion of ExxonMobil’s base oil plant on Singapore’s Jurong Island makes it the largest such facility in the world – by fa ...

Some base oil cuts were exposed to downward pressure due to sluggish demand and mounting supplies, but others maintained steady pricing because of mor ...