Market Topics

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U.S. Base Oil Price Report

May 10, 2023

Despite base oil suppliers’ efforts to encourage fresh orders, consumption levels were still lagging those registered ...

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EMEA Base Oil Price Report

May 9, 2023

This week saw a return to business as usual for base oil markets, with many buyers and sellers playing catch-up after ex ...

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Asia Base Oil Price Report

May 5, 2023

Steady demand against adequate inventories continued to support prices in Asia. Despite some markets showing less vigoro ...

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U.S. Base Oil Price Report

May 3, 2023

There has been a slight uptick in base oil orders, although demand was still lagging compared to the same month in previ ...

Penthol Sets its Sights on South Africa

Penthol Sets its Sights on South Africa

May 2, 2023

In little more than a year, leading base oil distributor Penthol has gained a solid foothold in South Africa and establi ...

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EMEA Base Oil Price Report

May 2, 2023

Holidays caused a slow start to base oil trading this week, but prices for API Group I and II oils have risen, while val ...

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Asia Base Oil Price Report

April 28, 2023

The month of April is coming to an end without significant price fluctuations in Asia, as a balanced supply and demand s ...

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U.S. Base Oil Price Report

April 26, 2023

Recent posted price decrease announcements appeared to have partially achieved the expected outcome, as suppliers noted ...

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EMEA Base Oil Price Report

April 25, 2023

Base oil demand appears to be picking up around Europe, the Middle East and Africa as buyers begin building back invento ...

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Asia Base Oil Price Report

April 21, 2023

Steady demand and adequate availability of most base oil grades supported generally stable spot pricing in Asia. Both bu ...

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U.S. Base Oil Price Report

April 19, 2023

Additional base oil producers announced posted price decreases this week – including Excel Paralubes, ExxonMobil, Calu ...

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EMEA Base Oil Price Report

April 18, 2023

Following the Easter and Passover holidays, and with Ramadan coming toward an end, base oil markets are returning to nor ...

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Asia Base Oil Price Report

April 14, 2023

While suppliers would like to see a significant increase in demand, they appeared fairly content with the fact that cons ...

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U.S. Base Oil Price Report

April 12, 2023

Motiva stepped out with a posted price decrease late last week, a few days after Chevron’s and SK enmove’s adjustmen ...

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EMEA Base Oil Price Report

April 11, 2023

Base oil markets were subdued the past week thanks to the Ramadan, Passover and Easter holidays that allowed some buyers ...

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Asia Base Oil Price Report

April 7, 2023

Base oils demand seemed to have reached a plateau, with many buyers holding off on acquiring additional volumes as funda ...

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U.S. Base Oil Price Report

April 5, 2023

Despite market participants’ expectations that additional price revisions would follow the posted price decreases anno ...

Chevron Lummus Gets Contracts for Gaslub

Chevron Lummus Gets Contracts for Gaslub

April 5, 2023

Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of ...