Iranian regulators recently authorized a 41% hike in prices for gasoline and diesel automotive engine oils. The country’s Consumer and Producer Prot ...

United States sanctions have forced Iranian refiners to find alternative export channels for their API Group I base oil to avoid detection and shore u ...

Renewed fears arose of disruption to base oil supplies from the Middle East, following the United States killing on Jan. 3 of Iranian Major General Qa ...

Iraq has emerged as Irans main export market for base oils as the weight of United States sanctions shut down the Islamic Republics traditional trade ...

Higher insurance premiums could put upward pressure on prices for API Group II and III base stocks from the Middle East Gulf after last weeks decision ...

Iranian companies are shipping API Group I base oils direct to customers, sidestepping ports in the United Arab Emirates as the United States tightens ...

Iran's place in global API Group I base oil markets is proving surprisingly resilient despite last month's snap-back of United States sanctions target ...

The Middle East has become a prominent producer and net exporter of API Group II and Group III base oil, using its glut of over 2 million tons of mate ...

When the United States reinstates sanctions on Irans oil industry in November, close to U.S. $47 billion of exports are likely to be hit hard. Gauging ...

Worries about the Middle East finished lubricants market have dominated recent news headlines, but according to one industry veteran, the outlook for ...

Irans API Group I base oil exports face renewed pressure as the United States lobbies key allies to cease all imports of Iranian oil ahead of a Nov. 4 ...

Shipments of API Group I base oils from Iran face disruption following United States President Donald Trumps decision to pull out of the 2015 agreemen ...

Some elements of Irans lubricant industry are working to raise product quality, but the business environment makes it challenging. Pars Oil serves as ...

Irans Pars Oil is preparing to open a second grease plant at its refinery near Tehran. Officials said the new plant, which will have capacity of 2,000 ...