The knock-on effects of inflation and rising interest rates are constraining manufacturing and services industries to the extent of denting demand for ...

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arabia – a change that will boos ...

Parts of the European, Middle Eastern and African region are showing vibrant activity, whilst others for one reason or another are dull and flat. In E ...

The European Union’s ban on imports of Russian petroleum products reduced imports of Russian base oils by 55,000 metric tons during the first half o ...

Base oil markets throughout Europe, the Middle East and Africa seem to have hit a flat spot where little new business or trades are taking place. Busi ...

Base oil markets throughout Europe, the Middle East and Africa remain subdued, with much less trading than normal for this time of year and an absence ...

Base oil markets around Europe, the Middle East and Africa are suffering from the same contagion as other industries – a number of the key economies ...

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 ...

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 ...

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 ...

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

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 ...

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 ...

European base oil buyers are still reticent to purchase large quantities of any type of base stock – even to replenish inventories that must be sore ...

Buying activity is starting to pick up in European, Middle Eastern and African base oil markets following an extremely lean spell when purchasers were ...

The economy is a growing concern for base oil markets throughout Europe, the Middle East and Africa as the stubbornness of inflation is raising concer ...

Lubricant blenders throughout Europe, the Middle East and Africa are making smaller base oil purchases than is normal for this time of year, continuin ...

Crude oil prices are falling again, even though demand is forecast to rise as China emerges from last year’s COVID-19 crisis. This spike in demand i ...

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will increase capacity by 230,000 m ...