Middle East

Energy markets once again appear to be taking in stride dramatic developments in the Middle East – the type of drama that in the past often triggere ...

The rapid and surprising fall of Bashar Al Assad’s regime in Syria heralds a new day in that long embattled country. It also raises the prospect of ...

Departing from normal seasonal cycles, there are few indications of base oil refiners looking to sell off inventory prior to the end of this year.

The headline-grabbing geopolitical events during the past few days may have implications for energy markets and, more specifically, base oils’ compl ...

Base oil prices are generally weaker across all groups and in every region. API Group I values are coming under the most intense pressure – perhaps ...

Base oil markets, like much of the world, are anticipating potential impacts from the United States presidential election last week, and many in the i ...

Base oil prices around Europe, the Middle East and Africa are mixed, with values firming in some areas but weakening in others, such as mainland Europ ...

A report last week that Russia has provided shipping data to Houthi rebels disclosed Russia’s complicity in attacks on vessels in the Red Sea, which ...

The wars in the Middle East and Ukraine have caused significant disruptions to base oil and finished lubricant trading patterns across Europe, the Mid ...

The two major conflicts, in Ukraine and in the Middle East, continue to dominate the headlines with continuing Israeli strikes in Lebanon and Gaza to ...

This report continues to collate information and activities regarding base oil trading and supply, but important geopolitical activities in the Middle ...

Israel on Tuesday launched a ground invasion into southern Lebanon, another significant expansion of its war with Hamas in Palestine’s Gaza Strip.

The Lube Expo trade show was held last week in Dusseldorf, Germany, attracting companies from almost every part of the lubricants industry, from base ...

As base oil markets settle down following the summer break, pricing is becoming more varied depending on base oil type and, ultimately, availability a ...

With base oil market players returning to work last week, there was buyer interest in all types of oils. Many buyers were looking for quantities of AP ...

Base oil markets seemed to reopen for business this week as your columnist was bombarded Monday with calls, messages and emails – from early morning ...

Even as base oil trading began returning to normal at the end to the summer holiday season, the wars in Gaza and Ukraine escalated, ramping up worries ...

With August well and truly underway, many players from the base oil industry are absent, possibly for another 10-14 days of holidays.

Moving into the second week of August, the holiday month, base oil markets are exceptionally quiet with many key players missing from offices and desk ...

High base oil prices and sterling volume sales didn’t translate into profitability for Saudi Aramco Base Oil Co., known as Luberef. Narrow crack s ...