Base oil prices were mixed in Asia, with supply and demand factors playing different roles and splitting prices in different directions, even within t ...

Zambia has signed a $1.1 billion agreement with China’s Fujian Xiang Xin to build a major oil refinery in Ndola, with a dedicated lubricants blendin ...

Once again, base oil spot prices for certain grades strengthened in Asia due to tight supply and demand fundamentals and a lack of offers from regular ...

China’s electric vehicle production and sales remain strong, according to an industry expert at a conference in Singapore. The country continues to ...

Shell Lubricants completed its acquisition of Raj Petro Specialities Pvt., taking full ownership of the India-based company from Brenntag Group. Finan ...

The base oils market in Asia showed some pockets of tight supply, which drove spot offers up for some grades, while prices for other cuts remained ste ...

With crude oil prices retreating to what they were before the recent Israel-Iran conflict, base oil marketeers appeared more open to engaging in negot ...

SK Group halted plans to spin off SK Enmove Co., its lubricant manufacturing business, from SK Innovation.

Base oil buyers and sellers have taken a step back from negotiations on lingering concerns about whether the war between Israel and Iran – and the U ...

HD Hyundai Shell Base Oil, a joint venture between HD Hyundai Oilbank and Shell, plans to expand its Daesan facility to include a new API Group II bas ...

Geopolitical risks and other market uncertainties such as potential shipment disruptions have bubbled up, leading to upward pressure on base oil price ...

Bharat Petroleum Corp. Ltd. intends to install a base oil unit and a finished lubricant blending plant at its refinery in Bina, India. To do so, the ...

Overcapacity and weak demand are putting the brakes on China's domestic base oil capacity buildup. according to a Chinese consulting company.

Volatile crude oil prices introduced uncertainty into base oil markets in Asia and partly offset the downward pressure exerted by growing supplies of ...

Base oil prices were generally stable to slightly higher in Asia, with supply and demand attaining a more balanced ratio than in the previous months a ...

The trade war between China and the United States emphasized the need for a highly controlled domestic supply chain across industries for China.

Zeller+Gmelin, a chemical company based in Germany, has opened a lubricant production facility in Huzhou, China, as part of its expansion in Asia.

The Asian base oils market has entered a more restrained demand period because of seasonal events such as the monsoons in parts of Southeast Asia and ...

Base oil prices were mixed because of slowing demand from some segments – a trend that was partly offset by curtailed availability due to plant turn ...

The price of some base oil grades was firm in Asia because of tight supply and demand conditions, while others were standing on more precarious ground ...