Europe

United States President Donald Trump imposed 25% tariffs this week on steel and aluminum imports from all countries, an action that could hurt produce ...

Base oil markets in Europe, the Middle East and Africa are bogged down at the moment, constrained by geopolitical factors ranging from the ongoing war ...

Two substances used in the production of lubricants and greases were added to the European Chemicals Agency’s candidate list of substances of very h ...

As the ceasefire between Israel and Hamas continues to hold, some businesses in Israel and Lebanon – including lubricant producers – are trying to ...

European, Middle Eastern and African base oil markets are now back in full swing, with many buyers looking for available barrels to replace inventorie ...

The United States Treasury has come down harder on Russian energy exports, targeting the so-called “shadow fleet” of Russian crude and product tan ...

Fuchs Buys Boss Lubricants

January 15, 2025

Fuchs Group acquired compatriot company Boss Lubricants GmbH & Co. KG., a family-owned and operated company based in Albstadt, Baden-Württemberg, ...

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 ...

Tupras Unit Back On Stream

January 13, 2025

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 ...