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Crude oil prices continued to experience sharp swings driven by the war in Iran, with the unresolved standoff over the Strait of Hormuz pushing Brent ...

The United States-Israel war with Iran raged on and the crucial Strait of Hormuz remained closed to tanker traffic, catapulting crude oil and diesel p ...

Briefly Noted

March 25, 2026

Chevron Corp to Buy Brazilian Fuel Retailer Chevron Corp. is in advanced talks to acquire a 30% stake in Brazil’s fuel distributor Ipiranga, a mo ...

Indian Oil Corp. Ltd (IOCL) and Re Sustainability Ltd plan to establish a nationwide system for collecting and rerefining used lubricating oil in Indi ...

API Approves PC-12

March 25, 2026

The American Petroleum Institute has approved its new Proposed Category 12 (PC-12) specification for heavy-duty engine oils. The standard has now been ...

Puma Energy has entered the Democratic Republic of Congo’s lubricants market through a five-year agreement with Hass Petroleum, marking its first mo ...

German specialty chemicals producer Lanxess has announced a sharp increase in prices for diphenylamine (DPA) and alkylated diphenylamine (ADPA) on non ...

It is difficult to put into words the overall affects the war between U.S./Israel and Iran is having on base oil trading and supply, other than to imp ...

The ongoing conflict in the Middle East and Iran’s closing of the crucial Strait of Hormuz have catapulted crude oil futures to multi-year highs, in ...

Briefly Noted

March 18, 2026

Valvoline Debuts Heavy-Duty Engine Oil With 100,000-Mile Drain Approval Valvoline Global Operations introduced Premium Blue One Solution Gen 2 heav ...

As the conflict in the Middle East showed little sign of abating and the strategically vital Strait of Hormuz remained effectively closed, crude oil a ...

King Industries, Inc., a specialty chemicals manufacturer headquartered in Connecticut, U.S., has begun full operations at its newly constructed produ ...

Wood Mackenzie warns in a new report that the global lithium market could face a supply shortfall by the end of the decade, with implications extendin ...

The Independent Lubricant Manufacturers Association (ILMA) has filed a lawsuit in Colorado state court challenging the implementation of the state’s ...

As the United States and Israeli war against Iran entered its second week, causing upheaval across the Middle East and to global oil and gas markets.

The ongoing conflict in the Middle East and Iran’s closing of the crucial Strait of Hormuz have catapulted crude oil futures to multi-year highs, in ...

Iranian strikes on the United Arab Emirates, Bahrain and Qatar have shut down roughly a fifth of the world’s API Group III base oil capacity, threat ...

Shell agreed to sell Jiffy Lube International and its subsidiary Premium Velocity Auto to an affiliate of Monomoy Capital Partners for $1.3 billion, t ...

Briefly Noted

March 11, 2026

Repsol’s Bike Oils Hit the Track Repsol Lubricants introduced the Extreme range of motorcycle oils, developed using the same polyalphaolefin-bas ...

With crude oil prices skyrocketing to multi-year highs amid ongoing hostilities in the Middle East, it was not surprising that several paraffinic and ...