While recession fears seemed to have subsided in the United States, economic uncertainties and ongoing geopolitical conflicts appeared to be still imp ...

The United States last month gave regulators new authority to target domestic and international institutions involved in evading bans on exports to Ru ...

Full-year new-vehicle sales in the United States were forecast to increase 12% in 2023, reaching 15.5 million units, according to Cox Automotive, with ...

Ohio Governor Mike DeWine signed a bill into law last month that, effective March 28, prohibits a state agency from adopting stricter California emiss ...

Shipping and logistical difficulties continued to draw the attention of market participants, although domestic supplies have been unaffected by geopol ...

Aerospace and defense manufacturer Crane Co. acquired lubrication pump and system components producer Vian Enterprises for $103 million, the company a ...

With tensions in the Middle East mounting given Israel’s ongoing fight against Hamas in Gaza and growing Iranian involvement in hostilities, concern ...

The United States exported 31% more base oil in October, while the volume of base oil imported into the U.S. plummeted 41%, compared with the same mon ...

Base oil production in the United States was flat in October, with a 1% increase in paraffinic production offset by a 9% decline in naphthenic product ...

The first week of the new year ushered in fresh posted price decreases, with SK Enmove announcing that it would be lowering its Group II+ and API Grou ...

Motiva and Petro-Canada communicated a posted price decrease on their Group II+ and API Group III postings, completing the price revisions that the co ...

Most of the recently announced posted price decreases have taken effect but have generated little incremental demand as activity was winding down ahea ...

In a move to diversify, NewMarket Corp., the parent company of lubricant additive supplier Afton Chemical, agreed to buy American Pacific Corp., a pro ...

Will PTFE be banned in the coming years, and how might increasing regulation affect lubricant formulations? What did North American lubricant demand l ...

Base oil exports from the United States surged 56% in September, boosted by increased shipments to Mexico and South America, while the volume of base ...

The U.S. base oil market was hurt by deteriorating finished lubricant demand in 2023, while strong demand for exports helped soak up a large inventory ...

HollyFrontier, Petro-Canada, Safety-Kleen and Avista Oil communicated paraffinic posted price decreases during the week, joining the group of base oil ...

Will PTFE be banned in the coming years, and how might increasing regulation affect lubricant formulations? What did North American lubricant demand l ...

Chemical company Novvi LLC filed what it described as a voluntary bankruptcy petition Sunday, stating that it intends to repay all outstanding externa ...

U.S. base oil production decreased 4% in September, although naphthenic base oil production experienced a 16% jump in volume, according to U.S. govern ...