Market Topics

The Iranian peace initiative appears to have collapsed over the last few days, with Trump calling for the cessation of talks with Tehran amid fresh st ...

Amid national mourning for the late Iranian Supreme Leader Ayatollah Ali Khamenei, delegations from Tehran and the United States agreed to resume talk ...

July Base Oil Report

July 1, 2026

No end in sight to the chaos in the Gulf.

The Middle East situation becomes less clear by the day, with claims and counter claims from U.S. and Iran during the negotiations which appear to be ...

The on-off peace negotiations between U.S. and Iran appear to continue in Switzerland, although there have been walk-outs from the Tehran contingent f ...

At the time of writing this report, news is emerging suggesting that a peace arrangement has been reached between the United States and Iran.

After 100 days of war, many people around the world are in accord that Donald J. Trump should not be a contender for the Nobel Peace Prize – neither ...

The continuing saga of the United States and Israel war against Iran continues with a febrile ceasefire in place. The ceasefire is being continually b ...

The world awaits the latest bulletin on the war between the United States and Iran as delegates from both sides convened in Doha, Qatar, apparently to ...

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 ...

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 ...

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

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 ...

The ceasefire between the United States and Iran was holding tenuously this week after the U.S. began providing information for commercial ships to pa ...

May Base Oil Report

May 4, 2026

Base oil supply has tightened and prices skyrocketed since the start of the latest war in the Middle East.

As Donald Trump introduces a blockade of Iranian ports and the Strait of Hormuz, events are shaping up for at least, a continuation of the war, follow ...

After a month and a half of escalating hostilities, the United States and Iran agreed to a two-week ceasefire on April 7, with negotiations to end the ...

The Iran conflict continues into a second month, and with Donald Trump issuing ultimatum after ultimatum to the Iranian authorities, the world awaits ...