ExxonMobil entered an agreement to have its lubricants toll blended in Morocco by Ola Energy, the latter company announced last month.

Across European, Middle East and African base oil markets, a strange phenomenon is taking place, with all types of base oils from API Group I through ...

Across Europe, the Middle East and Africa base oil prices are generally firmer thanks to upticks in demand caused by various factors in each region.

Conditions for base oil markets are now diverging across Europe, the Middle East and Africa, with availability for API Group I and II oils tightening ...

Base oil trade in Europe, the Middle East and Africa is gathering pace with a few notable exceptions, such as West Africa, where the start of the rain ...

Base oils have bucked the general pricing trends for petroleum products in recent weeks, with rates for API Group I and II oils showing considerable s ...

Nigerian blender MRS Oil Nigeria reported large increases in gross profit and sales revenue for its lubricants segment in the first quarter, despite a ...

Sunday’s death of Iranian President Ebrahim Raisi raised levels of trepidation in the Middle East, leaving players in the region’s base oil market ...

The conflicts in Ukraine and Gaza continue to grab the headlines, with Russia making advances into Ukraine territory and Israel seemingly intent on a ...

Geopolitical events have fundamental effects on energy prices, and ultimately the prices applied to petroleum products such as base oils, hence this r ...

The past week was relatively serene in the Middle East Gulf region, with no further reprisal attacks from Iran or Israel, but tensions are still high ...

Vivo Energy, which distributes lubricants to retail and commercial customers across Africa, reported a 10% increase in earnings for its lubricants seg ...

To the relief of many, the break-out of direct hostilities between Israel and Iran seems to be de-escalating after a series of attacks and reprisals a ...

Angolan energy company Etu Energias and Malaysian lube marketer Glide Technology Sdn announced they will form a joint venture to develop a lubricant b ...

By far the biggest news this week was the Iranian rocket and drone attack on Israel Saturday, undertaken in response to Israel’s April 1 strike on I ...

With Ramadan coming to an end across the Middle East, base oil trading is expected to pick up, although perhaps not until after the Eid al Fitr holida ...

Easter break, Ramadan and elections in Turkey have made base oil markets quieter than they otherwise would have been, but market participants said the ...

Margins in Europe for API Group I base oils are being squeezed as crude oil and feedstock costs rise while prices for the base stocks remain steady. � ...

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

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 ...