Easter break, Ramadan and elections in Turkey have made base oil markets quieter than they otherwise would have been, but market participants said the ...
Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 million marka (U.S. $1.1 milli ...
Bulgarian investment company Alpha Bulgaria Fund recently announced its intention to purchase up to 200,000 shares in Prista Oil Holding, the countryâ ...
Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in an ongoing campaign against Ru ...
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. â ...
Although Germany’s domestic lubricant sales, including process oils, declined 12% in 2023, its 5% increase in December ended a year-long trend of ye ...
The European Parliament adopted automobile emissions rules that tighten emissions limits for heavy-duty vehicles while leaving them unchanged for ligh ...
Spain’s lubricant demand rebounded in the second half of 2023 to finish ahead of 2022 levels, the Spain Lubricants Association reported last month.
European, Middle Eastern and African base oil markets are evolving on a number of fronts, with Europe’s Group I export market disappearing, activity ...
Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo on Russian petroleum product i ...
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 ...
Russian lubricant blender United Petrochemicals opened a line that produces metal motor oil containers designed to combat trade of counterfeit product ...
Independent lubricant blender Fuchs SE reported 9% higher net profit on a 4% increase in sales revenues in 2023, as raw material markets normalized af ...
The status of base oil production at ExxonMobil’s refinery in Port-Jerome-sur-Seine, France, was unclear after a broke out at the site yesterday aft ...
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 ...
OQ Chemicals yesterday declared force majeure for products manufactured at its Oberhausen, Germany, site – including some that can be used as a buil ...
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 ...
The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of companies including 10 Russian comp ...
Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a 5% year-on-year increase, and ...
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 ...
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