Motiva stepped out with a posted price decrease late last week, a few days after Chevron’s and SK enmove’s adjustments had gone into effect. Avist ...

Despite market participants’ expectations that additional price revisions would follow the posted price decreases announced by Chevron and SK enmove ...

Base oil production in the United States increased 6% in January to the highest level in six months, according to data released March 31 by the U.S. E ...

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply from record levels in mid-202 ...

Chevron and SK enmove communicated posted price decreases this week, which will go into effect on March 28 and April 1, respectively. It was not surpr ...

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycling business, which it sold Feb ...

Lackluster demand continued to exert pressure on base oil prices, as market uncertainties weighed on business and lubricant sales. Volatile crude oil ...

Base oil exports from the United States fell 6% in 2022, while imports rose by the same amount, according to U.S. Energy Information data. In December ...

Market participants seemed slightly perplexed at the fact that base oil demand has not been as strong as expected ahead of the spring lubricant produc ...

Calumet Specialty Products Partners L.P. trimmed its losses while increasing sales revenue for the quarter ending Dec. 31 and for the full year 2022. ...

The American Petroleum Institute announced that an engine sequence test included in most active North American passenger car motor oil specifications ...

The downward posting adjustment for API Group III base oils communicated by SK Enmove last week did not trigger additional posted price adjustments � ...

Clean Harbors’ Safety-Kleen Sustainability Solutions segment and rerefiner Heritage-Crystal Clean’s oil business segment both reported higher sale ...

When will ILSAC GF-7 make its debut, and what updates might it include? Steve Haffner weighs in.

Cosan’s Moove and HF Sinclair’s lubricants and specialties segment both reported higher profits for 2022 but lower profits in the year’s fourth ...

The Latin American base oil market is going through a challenging time as its top economies – Brazil and Mexico – underperform and domestic base o ...

SK Enmove – formerly SK Lubricants Americas – communicated a posted price decrease for its API Group III base oils this week, with softer crude oi ...

The United States wind energy industry completed projects that brought 8,612 megawatts of new capacity online last year, a 32% decline from 12,747 MW ...

The President’s Day holiday on Monday led to a slow start to the week, but participants expected business to pick up the pace over the next few days ...

The U.S. base oils market was gearing up for increased activity as consumers have started to pad inventories for the spring lubricant production seaso ...