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 ...

Base oil markets across the European, Middle Eastern and African regions are generally quiet, with demand subdued in many areas for all types of base ...

Base oil and finished lubricant markets from the Americas to Asia are feeling impacts of the ongoing attacks on shipping through the Red Sea. – by R ...

Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants segment for the full year. The ...

Base oil markets in Europe, the Middle East and Africa continue to feel impacts of armed conflicts, but the effects vary from region to region. In gen ...

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a 17% increase in sales revenue, ...