Market Topics

Base Oil Price Report

June 5, 2002

It looked like Follow the Leader once again in the U.S. base oil market, as suppliers completed a round of price hikes begun two weeks ago by ExxonMob ...

Phillips Petroleum Co. said that Tom Liberti has been named to head the lubricants business that would be created by its proposed merger with Conoco. ...

Agricultural cooperative Farmland Industries filed for Chapter 11 bankruptcy protection Friday. The Kansas City, Mo., company said it will sell non-co ...

Fuchs Petrolub AG reported last week that its first quarter net income increased 35.3 percent, due primarily to consolidation of its ownership of a fo ...

Diesel engine oil formulators are by now well accustomed to revising their recipes. They do so on a regular basis, not only as a matter of product imp ...

Base Oil Price Report

May 29, 2002

Crude oil and base stock prices went their separate ways this past week, with crude dropping sharply while paraffinic base oil postings rose for the f ...

HOUSTON — Manufacturers of fire-resistant industrial fluids have a year and a month to receive Factory Mutual Research Corp. approval of their p ...

HOUSTON — With its newly established formal standing, the first Latin American affiliate of the Society of Tribologists and Lubrication Engineer ...

HOUSTON — With the single exception of backward compatibility, automakers have basically completed the “needs” statement defining wh ...

Base Oil Price Report

May 22, 2002

Base oil prices are unchanged from last week. Historic U.S. posted base oil prices and WTI and Brent crude spot prices are available for purchase in E ...

HOUSTON–If you or your customer need to design, say, a diesel engine bearing, a group of tribologists would like to make your job easier. They w ...

Houston contract blender and packager Hi-Port Inc. has been purchased by a privately owned investment group that plans to provide the dollars needed f ...

The U.S. Federal Trade Commission has requested additional information regarding Shell Oil Co.s proposed acquisition of Pennzoil-Quaker State Co., lea ...

Marketers of lubricants made with vegetable oils, agricultural products such as animal fats and oils, or forestry materials, will find a tasty morsel ...

Base Oil Price Report

May 15, 2002

For a change, the U.S. base oil market was quiet last week, the first in a month to pass without price changes. Suppliers expressed varying opinions a ...

Garry Rooney says he hadnt heard whether ChevronTexaco planned to maintain Texaco lubricant brands. Now he knows. Rooney, the former president of 76 L ...

An Ergon official said this week that the company is ahead of schedule to repair damage caused by an April 30 fire at its Vicksburg, Miss., base oil r ...

Infineum International Ltd. announced Monday that it is expanding a plant in Berre, France to produce detergents for marine lubricants. Officials desc ...

The U.S. Federal Trade Commission is expected to signal within two weeks whether it will raise issues that could lead to conditions for approval of Sh ...

Base Oil Price Report

May 8, 2002

The U.S. base oil market seems to have fallen into a brief winter slumber, following a tumultuous succession of price adjustments undertaken in Novemb ...