Africa

With August well and truly underway, many players from the base oil industry are absent, possibly for another 10-14 days of holidays.

Moving into the second week of August, the holiday month, base oil markets are exceptionally quiet with many key players missing from offices and desk ...

The state’s acquisition of the Sapref refinery in Durban could revive local base oils production in South Africa’s import-dependent lubricant mark ...

Markets around the Middle East – including base oil markets – are on as Israel prepares defenses against what is predicted to be a massive revenge ...

As base oil markets cool across Europe, the Middle East and Africa, many players have already left their desks, recognizing that some employees will h ...

Variations in buying attitudes are developing between different segments of base oil markets, as attitudes in some cases are tempered by availabilitie ...

It hardly seems likely that an assassination attempt on Donald Trump could affect base oil markets in the EMEA regions, but indirectly, Saturday’s e ...

It hardly seems likely that an assassination attempt on Donald Trump could affect base oil markets in the EMEA regions, but indirectly, Saturday’s e ...

Base oil markets had a rare quiet week – partly because some players attended industry conferences while others took early holidays.

Base oil prices are mainly holding firm throughout Europe, the Middle East and Africa, as supply pressures keep values higher than what would generall ...

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 ...