Market Topics

WD-40 Posts Lower Income

WD-40 Posts Lower Income

Lube Report Americas - January 11, 2023

WD-40 Co. posted net income of $14 million for the quarter ending Nov. 30, a 25% drop from $18.5 million in the same per ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - January 11, 2023

Over the last few days, a vast majority of paraffinic producers and rerefiners communicated posted price decreases, shor ...

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Lubnor Sale Sent Back for Review

Lube Report Americas - January 11, 2023

Last year’s purchase of the Lubnor refinery by Grepar Participacoes will be reviewed by a Brazilian court after a judi ...

Brazil Auto Sales Flat in 2022

Brazil Auto Sales Flat in 2022

Lube Report Americas - January 11, 2023

Passenger car registrations in Brazil rose 5% in December and were flat for 2022, gradually recovering in number after a ...

U.S. Base Oil Imports Jumped in October

U.S. Base Oil Imports Jumped in October

Lube Report Americas - January 11, 2023

The United States imported 88% more base oil in October than in the same month in 2021, while exports for the month were ...

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EMEA Base Oil Price Report

Lube Report BOR EMEA - January 10, 2023

At long last, a degree of normality returned to base oil markets as workers returned to their desks following winter hol ...

South Africa Auto Sales Jumped in 2022

South Africa Auto Sales Jumped in 2022

Lube Report EMEA - January 10, 2023

Sales of new vehicles in South Africa rose by 14% in 2022 and were just 1% shy of pre-pandemic new vehicle sales in 2019 ...

Jet Lubes Said to Contribute to Pollution

Jet Lubes Said to Contribute to Pollution

Lube Report EMEA - January 10, 2023

Researchers found synthetic aviation engine oils to be a significant source of fine particles polluting the air around a ...

Lubricant Demand in Germany Falls

Lubricant Demand in Germany Falls

Lube Report EMEA - January 10, 2023

Domestic lubricant demand in Germany during October declined 7% compared to the same month last year, to 52,234 metric t ...

Asean Lube Demand Projected to Grow

Asean Lube Demand Projected to Grow

Lube Report Asia - January 6, 2023

Lubricant demand in nine major Association of Southeast Asia Nations countries is projected to grow by a compound annual ...

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Shenghong Refinery Makes Maleic, MMAs

Lube Report Asia - January 6, 2023

China’s largest petrochemical refinery is now fully operating, and maleic anhydride and methyl methacrylates are among ...

Profits Down for Korean Blender Michang

Profits Down for Korean Blender Michang

Lube Report Asia - January 6, 2023

South Korean lubricants blender Michang Oil Ind. Co. Ltd. reported a 45% drop in net profit and a 4% increase in sales f ...

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Asia Base Oil Price Report

Lube Report BOR Asia - January 6, 2023

Trading was expected to perk up in coming days as participants returned to work following the New Year’s holidays, alt ...

Brazil Base Oils Flat in November

Brazil Base Oils Flat in November

Lube Report Americas - January 4, 2023

Brazil produced 46,000 metric tons of base oil in November, close to flat compared to the same month of 2021. Meanwhile ...

Canada Proposes Tall EV Mandates

Canada Proposes Tall EV Mandates

Lube Report Americas - January 4, 2023

Canada’s Environment Ministry last month proposed an ambitious schedule of mandates for car makers to quickly increase ...

U.S. Base Oil Output Down Again

U.S. Base Oil Output Down Again

Lube Report Americas - January 4, 2023

Base oil production in the United States dropped to 4.4 million barrels, the third straight month that the volume was be ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - January 4, 2023

The freezing winter storm that forced a number of United States refineries, natural gas wells and utility companies to c ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - January 3, 2023

Despite the challenges to the base oil market in 2022, industry players are wishing for market stability during the New ...