Middle East

U.S. Base Oil Exports to Middle East Surge

U.S. Base Oil Exports to Middle East Surge

Lube Report Americas - April 17, 2019

U.S. refiners export significant quantities of base oils to the Middle East despite the regions substantial investment i ...

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Middle East Refiners Face Base Oil Oversupply

Lubes'n'Greases EMEA - March 18, 2019

The Middle East is a major base oil producer and consumer, and its market is fast moving. How will this dynamism affect ...

Falling Auto Sales Hurt Middle East Lubes

Falling Auto Sales Hurt Middle East Lubes

Lube Report EMEA - February 19, 2019

Plummeting automotive sales in the Middle East are stoking fears of a knock-on effect on the regional lubricants market.

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 ...

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PIB Plant Planned in Saudi Arabia

Lube Report EMEA - February 5, 2019

South Korea's Daelim Industrial will build an 80,000 tons per year polyisobutene plant in Jubail, Saudi Arabia, that is ...

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Eni, OMV Buy Stakes in Adnoc

Lube Report EMEA - January 29, 2019

Abu Dhabi National Oil Co. signed agreements Sunday selling a combined 35 percent stake in itself to Eni and OMV for a t ...

Waivers Throw a Lifeline to Irans Base Oil Exports

Waivers Throw a Lifeline to Irans Base Oil Exports

Lubes'n'Greases EMEA - January 18, 2019

The Islamic Republic is a key supplier to its regions Group I and crude markets. Will fresh sanctions undermine that pos ...

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 ...

Finding the Trend in Middle East Engine Oil Markets

Finding the Trend in Middle East Engine Oil Markets

Lubes'n'Greases EMEA - December 11, 2018

Unearthing data on oil markets is challenging, and gathering facts and figures about the Middle Easts shift to higher-gr ...

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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 ...

Middle East Falls in with Global Trends

Middle East Falls in with Global Trends

Lube Report EMEA - October 30, 2018

A recent analysis of the Middle East base stocks scene found the region increasingly mirrors trends in developed economi ...

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Blending Plant Operates on Solar Power

Lube Report EMEA - October 30, 2018

Emirates National Oil Co. announced the conversion of its blending plant in the United Arab Emirates to operate solely o ...

Middle East Remains the Torchbearer of Group I

Middle East Remains the Torchbearer of Group I

Lubes'n'Greases EMEA - October 19, 2018

As the Middle East is slowly shifting toward higher quality lubricants, the region could still be a holdout for good old ...

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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 ...

Poured Under a Bad Sign: Counterfeit Lubes Harm the Industry

Poured Under a Bad Sign: Counterfeit Lubes Harm the Industry

Lubes'n'Greases EMEA - September 19, 2018

Phony lubricant products and performance claims are reportedly widespread in some developing markets. Oil companies must ...

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Middle East Slowly Shifts to Better Motor Oils

Lubes'n'Greases EMEA - September 19, 2018

Despite being the source of much of the worlds crude, the Middle East is a minor lubricants market - one characterized b ...

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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 ...