Across Europe, the Middle East and Africa base oil prices are generally firmer thanks to upticks in demand caused by various factors in each region.

Two of Europe’s important lubricant industry trade groups – ATIEL and UEIL – have formed a joint committee to work on sustainability topics of i ...

Russian new passenger car sales surged to 617,000 units in the first five months of 2024, marking an 81% rebound from slumping sales in the same perio ...

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin base stocks have more opportuniti ...

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine months ended March 31, despite a dr ...

Malaysia’s Petronas Lubricants International has tied up with United Kingdom-based Iceotope to develop coolants for data centers, becoming the lates ...

A seasonal slowdown and growing supplies have started to exert downward pressure on spot prices in Asia. However, some grades remained tighter than ot ...

Asia is an area so culturally and geographically diverse that it would paint a false picture trying to characterize it vast swathes of rural landscape ...

The European Union has voted to increase tariffs on Chinese EVs.

A tight supply and demand scenario for the light viscosity grades offered support to current posted prices, but pushed spot indications up as availabi ...

The United States exported 16% more base oil in March – including hefty increases in volumes to India, Ecuador and the United Arab Emirates, accordi ...

Oil and gas producer Occidental Petroleum announced a joint venture with a Berkshire Hathaway business to extract high-purity lithium from geothermal ...

United States exports of automotive, diesel and marine engine oils rose 14% by value in 2023, while imports of those materials declined 28%, according ...

Conditions for base oil markets are now diverging across Europe, the Middle East and Africa, with availability for API Group I and II oils tightening ...

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it has improved the quality of i ...

French biochemical start-up Afyren last week announced completion of several long production cycles to deliver the first commercial volumes of biobase ...

Spain during 2023 rerefined 78% of its collected waste lubricants into base stocks, the non-profit organization charged with managing waste lubricants ...

MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref (Bangladesh) Ltd.’s net pro ...

In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports of 134 categories of products ...

PSP Specialties announced recently that it has entered a share purchase agreement with an investment fund focused on promoting development in key segm ...