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Maybe they once were, but those days are long gone, given the range of properties, even within API groups.

June Base Oil Report

May 23, 2026

The current upheaval of base oil markets is severe enough to seem mythical except that lubricant producers are feeling the very real brunt.

With the Strait of Hormuz still closed to most tanker traffic and significant amounts of crude oil and refined products captive in the Persian Gulf, c ...

Poland’s lubricant consumption rose 4.6% year on year in 2025, supported by stronger economic growth, rising automotive lubricant demand and higher ...

Briefly Noted

May 20, 2026

Lubrication Engineers is Expanding Industrial lubricants manufacturer Lubrication Engineers is investing U.S. $10 million on an expansion of its Wi ...

Base oil prices are almost three times prewar levels since the United States and Israel launched military strikes against Iran on Feb. 28, tightening ...

The Verification of Lubricant Specifications (VLS) tightened its guidance on lubricant marketing claims, escalating efforts to curb misleading product ...

Global base oil markets continue to recoil in response to the United States-Israel-Iran war. The Strait of Hormuz remains closed to merchant marine tr ...

Despite the fact that roughly 20% of the world’s crude oil flows are still trapped in the Persian Gulf as the war in Iran is still unresolved and th ...

Eneos Holdings agreed to buy Chevron Corporation’s fuels and lubricants marketing businesses in six Asia-Pacific markets for $2.17 billion, reported ...

Additional posted price increase announcements emerged in the paraffinic base oil segment, with Chevron, ExxonMobil and Paulsboro informing customers ...

Shell plc reported first-quarter 2026 adjusted earnings that more than doubled from the previous quarter, as stronger lubricants margins, improved ref ...

Briefly Noted

May 13, 2026

Ammonia Engine Analysis by Nippon Yuka Nippon Yuka Kogyo Co., Ltd. is launching a new lubricating oil analysis service designed to monitor the cond ...

Nynas AB reported stronger profitability in the first quarter of 2026, as higher margins and resilient demand helped the Swedish specialty fluids prod ...

A so-called ceasefire between United States and Iran appears to be continuing in the Middle East Gulf but with sporadic outbreaks of firing on what se ...

The Iran war has mutated into a tenuous indefinite ceasefire, although tensions remained high, with the United States upholding its naval blockade on ...

Xinxiang Richful Lube Additive Co., Ltd. reported a sharp drop in first-quarter profit despite modest revenue growth, as rising costs and foreign exch ...

ExxonMobil raised lubricant prices twice in China within six weeks, pushing cumulative increases above 23% since April 1 and adding momentum to what m ...

In view of the fact that crude oil prices were still hovering at sky-high levels, and global base oil supplies were shrinking because of ongoing suppl ...

A memorandum of understanding between Aster Chemicals and Energy and Puraglobe sets out plans to study a rerefined base oil (RRBO) facility in Singapo ...