Base oil trading has certainly resumed across Europe, the Middle East and Africa, but business in many parts of the regions is sluggish due to a lack ...
A crude unit damaged by fire in November last year will restart in early February, Turkish refiner Tupras announced on late last week. The 151,000-bar ...
Deliveries of finished lubricants in Germany fell 25% in September compared to the same month of 2023, adding to the market’s decline this year.
Across Europe, the Middle East and Africa, base oil trade began ramping up as individuals involved returned to their desks Monday. There was little ne ...
As 2024 wound down, base oil markets were exceptionally quiet the past week – perhaps more than they otherwise would have been due to the timing of ...
As the 2024 calendar year winds down,European, Middle Eastern and African many finished lubricant producers have limited operations with the aim of re ...
Europe is still the biggest consumer and producer of API Group I base oils, even as demand is falling, leading to an oversupplied market, according to ...
Energy markets once again appear to be taking in stride dramatic developments in the Middle East – the type of drama that in the past often triggere ...
The rapid and surprising fall of Bashar Al Assad’s regime in Syria heralds a new day in that long embattled country. It also raises the prospect of ...
Germany-based OQ Chemicals announced it will increase prices for its range of carboxylic acids.
Fuchs Group completed the acquisition of the Swiss industrial lubricant company Strub. In Sepetmber, the company signed a letter of intent to absorb t ...
Departing from normal seasonal cycles, there are few indications of base oil refiners looking to sell off inventory prior to the end of this year.
The headline-grabbing geopolitical events during the past few days may have implications for energy markets and, more specifically, base oils’ compl ...
Madrid – Avista Green will undertake an expansion of its used lubricant rerefinery in Kalundborg, Denmark, and aims to increase the facility’s bas ...
Base oil prices are generally weaker across all groups and in every region. API Group I values are coming under the most intense pressure – perhaps ...
British energy company Shell will expand production capacity of its synthetic ester fluid subsidiary Midel & Mivolt Fluids Ltd. at the company’s ...
Base oil markets, like much of the world, are anticipating potential impacts from the United States presidential election last week, and many in the i ...
Lubricant demand in Germany, including process oils, sank to 26,323 metric tons in August, easily the market’s worst performance in 2024 in terms bo ...
Base oil prices around Europe, the Middle East and Africa are mixed, with values firming in some areas but weakening in others, such as mainland Europ ...
Commercialization of Europe’s new industry engine oil standard for heavy-duty diesel engines opened on Oct. 15, allowing lubricant marketers to prom ...
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