Market Topics

Base oil supplies appeared to be lengthening in Asia, a sign that consumption levels may be weakening on seasonal patterns and other factors, includin ...

The EU will vote next week on whether to increase tariffs on electric vehicles imported from China, a move that if implemented would cost the Chinese ...

Colombian oil and gas company Terpel reported that its lubricant segment posted increases in gross profit for the first quarter in Colombia and Peru, ...

Cerilon announced that it is moving into the front-end engineering and design phase of the gas-to-liquids refinery it plans to build in North Dakota, ...

Base oil production in the United States jumped 23% in March, to attain its highest volume in almost two years, according to data released by the U.S. ...

Suppliers reported steady requirements from most segments of the United States base oils market, with many buyers and sellers focusing on building inv ...

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due to the restructuring of its Eur ...

German lubricant maker Eurolub GmbH said it has acquired Bizol, another German lube marketer, to expand its automotive service chemicals products line ...

Base oil trade in Europe, the Middle East and Africa is gathering pace with a few notable exceptions, such as West Africa, where the start of the rain ...

OQ Chemicals announced on May 29 it lifted its force majeure declaration for all products from its German plants in Oberhausen and Marl.

Eneos announced on Wednesday that it has produced rerefined base oil  in a demonstration project, as part of its work in a government-commissioned st ...

Several base oil grades remained exposed to upward pressure on account of steady demand against snug supplies, although buying interest appeared to be ...

Base oil market activity was expected to resume at a steadier pace after slowing down over the Memorial Day holiday on May 27. Orders had shown an upt ...

The head of Argentinian oil major YPF said recently that the company will sell its businesses in Brazil and Chile, both focused on lubricants, as part ...

Base oil production in Brazil increased by 9% in April, according to data released by the National Agency of Petroleum, Natural Gas and Biofuels.

Cosan’s Moove rebounded with a net profit in the first quarter – after a net loss in the same period last year – on lower net operating revenue ...

Verbio SE recently started construction of a large-scale ethenolysis plant using rapeseed oil methyl ester at a site in Germany to manufacture large q ...

Base oils have bucked the general pricing trends for petroleum products in recent weeks, with rates for API Group I and II oils showing considerable s ...

South Africa’s Central Energy Fund SOC has finalized an agreement to buy the Sapref oil refinery in Durban, from Shell and BP – transacting a site ...

Nigerian blender MRS Oil Nigeria reported large increases in gross profit and sales revenue for its lubricants segment in the first quarter, despite a ...