Iran

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Iran Gets Creative with Base Oil Exports

Lube Report EMEA - February 11, 2020

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

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Middle East Trade Goes on Amid Tensions

Lube Report EMEA - January 14, 2020

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

Iranian Exports Redirect to Iraq

Iranian Exports Redirect to Iraq

Lube Report EMEA - November 12, 2019

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

Tensions Rattle Middle East Base Oils

Tensions Rattle Middle East Base Oils

Lube Report EMEA - May 21, 2019

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

Iran Base Oil Exports Bypass U.A.E.

Iran Base Oil Exports Bypass U.A.E.

Lube Report EMEA - February 5, 2019

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

Waivers Give Reprieve to Iranian Base Oils

Waivers Give Reprieve to Iranian Base Oils

Lube Report EMEA - December 18, 2018

Irans place in global API Group I base oil markets is proving surprisingly resilient despite last months snap-back of Un ...

Middle East Base Oil Exports on Upswing

Middle East Base Oil Exports on Upswing

Lube Report EMEA - November 27, 2018

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

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Iranian Exports Between Sanctions

Lube Report EMEA - September 25, 2018

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

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Middle East Lubes Still Promising

Lube Report EMEA - September 4, 2018

Worries about the Middle East finished lubricants market have dominated recent news headlines, but according to one indu ...

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Renewed Sanctions Loom Over Iran Base Oils

Lube Report EMEA - July 10, 2018

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

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U.S. Pull-out Clouds Outlook for Iranian Oils

Lube Report EMEA - May 15, 2018

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