The United States exported 74% more in November than the same month last year and also imported 36% more base oil, according to government agency data ...

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year of 2023 but achieved a health ...

There was still no clear indication whether this spring season would be stronger in terms of base oils demand than last year’s, but most suppliers r ...

The first signs that base oil demand might be starting to perk up emerged during the week, but it was still too early to ascertain whether this meant ...

BASF and Lubrizol struck a deal last week for the latter to produce and distribute several products from two lines of industrial lubricants under BASF ...

United States base oil production declined 8% in November, compared to the same month last year. November’s output totaled 4.3 million barrels, comp ...

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and its line of synthetic food gre ...

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 ...