Motiva and Chevron communicated posted price decreases which were thought to be driven by sluggish demand, growing availability of most base oil grade ...
Base oil production in the United States fell 29% in March to its lowest mark since February 2021, according to data released today by the U.S. Energy ...
The United States continues to import most of the API Group III base oil that it consumes, but a Canadian start-up aims to put a dent into that depend ...
The Memorial Day holiday on May 29 dampened activity further in an unseasonably quiet market despite the start of the summer driving season in the Uni ...
Despite the fact that domestic base oil demand has shown few signs of strengthening, the market seemed to be fairly balanced thanks to the endeavors o ...
Valvoline reported double-digit gains in operating income and sales revenue for the quarter ended March 31, while Moove suffered a massive loss due to ...
The typical summer doldrums may be setting in earlier than usual this year, or the current market situation may be an extension of the quiet spring se ...
The American Petroleum Institute, a trade association that sets standards for the hydrocarbons industry, published a new methodology for lubricants li ...
Base oil exports from the United States declined 10% to 2.3 million barrels – dragged down by decreases in exports to Mexico, Brazil, Canada and Ind ...
The base oil market was a challenging environment for rerefiners during the first three months of 2023, according to recent stock exchange filings by ...
Despite base oil suppliers’ efforts to encourage fresh orders, consumption levels were still lagging those registered in the spring of years past, a ...
United States base oil production declined 14% in February, compared to the same month last year, according to data released April 28 by a U.S. govern ...
There has been a slight uptick in base oil orders, although demand was still lagging compared to the same month in previous years. Economic uncertaint ...
Recent posted price decrease announcements appeared to have partially achieved the expected outcome, as suppliers noted that a limited number of addit ...
Additional base oil producers announced posted price decreases this week – including Excel Paralubes, ExxonMobil, Calumet, HollyFrontier, Petro-Cana ...
The United States Environmental Protection Agency granted California authority recently to begin requiring increasing percentages of medium- and heavy ...
An economic rebound activity since the pandemic in the US has pushed up net greenhouse gas emissions.
WD-40 Co. posted a 15% drop in net income for its quarter ended Feb. 28, while Argentina’s YPF reported a 7% dip in sales revenue for 2022 for its l ...
The U.S Environmental Protection Agency today proposed new, more stringent federal emissions standards for light-, medium- and heavy-duty vehicles for ...
Base oil exports from the United States increased 2% year on year in January to 2.8 million barrels – driven mainly by large increases in shipments ...
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