Turkey’s lubricant market is facing unprecedented stress on supply chains from the ongoing conflict in neighboring Iran. Financing pressure and ...

The current upheaval of base oil markets is severe enough to seem mythical except that lubricant producers are feeling the very real brunt.

Base oil prices are almost three times prewar levels since the United States and Israel launched military strikes against Iran on Feb. 28, tightening ...

Asian base oil prices have surged to record highs, driven by geopolitical disruption, tightening supply chains and shifting refinery economics, accord ...

Crude oil and feedstock prices surged to multi-month highs after the United States and Israel launched a coordinated attack over the March 1 weekend a ...

Thousands of ships and their crews are stranded in the Persian Gulf, unable to traverse the Strait of Hormuz into open waters, after ceasefire talks b ...

Join Base Oils Editor Gabriela Wheeler and Executive Editor Tim Sullivan as they discuss the Base Oil Report. The nightmarish weather forecast that ...

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 ...