Market Topics

Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty products business segment – which i ...

Novel Reliable Technologies announced it is expanding its presence in North America with blending and warehouse capabilities.

Process fluid provider Kodiak acquired Wayne, Oklahoma-based Aztech Lubricants, a specialist in wire drawing and wire lubricating formulation, adding ...

Motiva stepped out with a posted price increase late last week, with several other paraffinic base oil producers and rerefiners joining the bandwagon ...

Driver behaviours in gasoline-powered cars may influence electric vehicle design, according to e-mobility researchers in a new study.

The European Parliament adopted automobile emissions rules that tighten emissions limits for heavy-duty vehicles while leaving them unchanged for ligh ...

Spain’s lubricant demand rebounded in the second half of 2023 to finish ahead of 2022 levels, the Spain Lubricants Association reported last month.

European, Middle Eastern and African base oil markets are evolving on a number of fronts, with Europe’s Group I export market disappearing, activity ...

Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo on Russian petroleum product i ...

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. Meanwhile, MJL Bangladesh repo ...

Growing buying appetite in several countries and a limited number of offers exerted pressure on Asian spot prices. A few base stocks saw increases as ...

South Korea exported 20% less base oil at 23% less reported value in February than in the same month last year, according to data released by a govern ...

Arteco formally opened a coolant factory in Nantong, China, this week, stating that the facility will make products for electric vehicles and data cen ...

Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they improved last year if excludin ...

Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data released by a government agency.

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil and diesel project being develo ...

To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged that activity was not yet at â ...

Base oil trading trends in Europe and the Middle East Gulf are diverging this week as buying activity picks up in the latter region while the former r ...

Tesla has revolutionized the passenger car business from root to branch.

Russian lubricant blender United Petrochemicals opened a line that produces metal motor oil containers designed to combat trade of counterfeit product ...