If possible, base oil trade across Europe, the Middle East and Africa is slowing even more. Demand is disappearing from all sectors of the industry, w ...

Base oil prices are weakening throughout Europe, the Middle East and Africa as trading activity slows ahead of the year end. December has been forecas ...

Demand for all types of base oil has been falling the past week across Europe, the Middle East and Africa – especially for API Group I oils. In ligh ...

Global news continues to be dominated by warring in Gaza and Ukraine, where innocent civilians are not only being killed and wounded but also face sho ...

The war between Israel and Hamas continues to have a destabilizing effect on energy markets, creating uncertainty for base oil markets throughout Euro ...

BP reported that profit for its Castrol lubricants business rose 23% because of higher margins, and Luberef reported a 28% drop in net profit for the ...

The increasing hostilities in and around the Gaza Strip are severely disrupting base oil supply lines in the area, and lubricant blending operations i ...

Israel’s campaign in the Palestinian territories ramped up the past week, stoking fears that the fighting could spread into a wider conflict involvi ...

The armed conflicts in Ukraine and the Middle East are at different stages, but both are helping to push up crude oil prices. As long as they continue ...

Lubricant consumption in Africa is forecast to grow at a compound annual rate of 2.4% over the next five years, an official with base oil trader Penth ...

Crude and feedstocks rallied early this week, with dated deliveries of Brent crude breaching the $90 level Monday, putting on around $3 from last week ...

Hindustan Petroleum Corp. Ltd. reported a 15% bump in lubricant sales for the fiscal year ended March 31, boosted by a 20% rise in sales to the Middle ...

Europe’s finished automotive and lubricant demand is forecast to decrease at a compound annual rate of 0.1% to 2032, hindered by the Ukraine-Russia ...

Crude oil markets confounded nearly all forecasts last week, as prices took a surprising dive that saw dated deliveries of Brent crude sink below $80 ...

Base oil markets in Europe, the Middle East and Africa are anticipating increased demand for finished lubricants in the fourth quarter and therefore a ...

Fundamentals remain strong for base oils and base oil pricing, although crude oil and petroleum products have come off their recent highs, showing tha ...

Regional variations are increasing between base oil markets in Europe, the Middle East and Africa, with demand spiking in some territories while slump ...

Base oil markets in Europe, the Middle East and Africa are reeling from a developing situation where API Group I base oils no longer command a price p ...

As base oil markets in Europe, the Middle East and Africa return to almost normal working conditions, commentators are forecasting increasing demand f ...

As players return to action following the summer break, base oil markets are poised for what could be a busy time, with prices rising for some oils an ...