The chances of the Strait of Hormuz reopening soon are becoming slimmer, as negotiations between the United States and Iran have devolved into both si ...

The Light at the End of the Tunnel Will the fragile ceasefire between the United States and Iran hold? Will crude oil and base oil shipments from t ...

No end in sight to the chaos in the Gulf.

Join Base Oils Editor Gabriela Wheeler and Executive Editor Tim Sullivan as they discuss this month’s Base Oil Report. The current upheaval of base ...

The fallout from the U.S. and Israeli attacks on Iran has reached China, where refiners have delayed two projects with a combined capacity of 500,000 ...

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 ...