This week saw a return to business as usual for base oil markets, with many buyers and sellers playing catch-up after extended holidays clouded takes ...

Citing higher costs, BP reported that profits for its Castrol Lubricants business fell 37% in the first quarter, while Luberef posted a 47% jump in ne ...

Independent lubricants blender Fuchs Petrolub SE reported a 9% increase in net profit and a 16% uptick in sales revenues for the first quarter, compar ...

Domestic lubricant demand in Germany declined 8% to 51,416 tons in February, with steep decreases occuring in metalworking oils, machine oils, hydraul ...

Petronobel Mineral Oils San and Tic A.S. announced plans last week to build a lubricant blending plant in an industrial zone near Istanbul. Another co ...

Holidays caused a slow start to base oil trading this week, but prices for API Group I and II oils have risen, while values for some Group III stocks ...

The Union of the European Lubricants Industry announced this month that it helped resolve a complaint about Mercedes Benz saying that customers were r ...

Lubricant consumption in France decreased to 41,273 tons in February, 2% less than the same month last year, Paris-based Professional Lubricants Cente ...

Finished lubricant imports to Russia underwent large shifts last year in the countries of origin due to fallout over the nation’s invasion of Ukrain ...

Base oil demand appears to be picking up around Europe, the Middle East and Africa as buyers begin building back inventories that had sunk to extremel ...

A public-private partnership for waste oil collection and construction of a base oil rerefinery was announced recently by the local government of the ...

Italian energy company Eni said in its annual report that its wholesale lubricant sales in Italy fell 38% and that its combined retail and wholesale s ...

Russian demand for automotive engine oils stagnated at around 414,000 metric tons in 2022, with the lion’s share bought and stockpiled for future us ...

Following the Easter and Passover holidays, and with Ramadan coming toward an end, base oil markets are returning to normal and – it appears – fin ...

New car and light commercial vehicle sales in Russia plunged almost 60% in 2022 as the war in Ukraine ramped up economic sanctions against the country ...

Haydale, a graphene and nanomaterial producer based in the United Kingdom, entered an agreement to develop graphene-based lubricants for CERN, the Eur ...

Base oil markets were subdued the past week thanks to the Ramadan, Passover and Easter holidays that allowed some buyers and sellers to take three-day ...

MRS Oil Nigeria Plc reported that gross profit for its lubricant segment fell 64% in 2022 due to negative impacts of inflation. The segment earned 367 ...

This week is providing a lesson in how quickly base oil markets can change. For months trading was slow as purchasers were unconcerned about low inven ...

Germany’s domestic lubricant demand fell 16% year on year to 46,070 metric tons in January, with hydraulic oils and metalworking oils showing the st ...