Market Topics

According to reports, ExxonMobil and HF Sinclair announced posted price increases on the heels of several initiatives by other producers last week in ...

The Middle East situation becomes less clear as each week passes, thanks to conflicting information issuing from Washington and Tehran.

August Base Oil Report

August 10, 2026

The Light at the End of the Tunnel Will the fragile ceasefire between the United States and Iran hold? Will crude oil and base oil shipments from t ...

With crude oil supply uncertainties and Middle East shipping disruptions still plaguing the market, API Group I spot trading was almost at a standstil ...

Motiva, SK Enmove and Avista Oil announced posted price increases, driven by tight global availability of Group II+ and Group III base oils and recent ...

The exchange of military attacks between the United States and Iran was paused, at least temporarily, as U.S. president Donald Trump — urged by Saud ...

Market attention partly turned to events happening closer to home than the Middle East conflict this week, as a tropical storm threatened to disrupt r ...

United States President Donald Trump ordered a cessation over the weekend to the bombing program going on against Iran the past couple weeks. Counter ...

The Strait of Hormuz remained effectively closed despite a pause in hostilities between the United States and Iran. Further disruptions could be trigg ...

Intensifying hostilities between the United States and Iran and the renewed closing of the Strait of Hormuz continued to disrupt crude oil and refined ...

The past week saw a ramp up of strikes and counterstrikes between the United States and Iran, primarily directed toward the opening of the Strait of H ...

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 ...