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 ...
Motorex USA Inc. acquired Intercontinental Lubricants Corp.’s Spectro Performance Oils business, the company announced this week. The deal gives Mot ...
While base oil supply in the domestic market appeared adequate to meet demand, an ongoing plant turnaround, reduced base oil output at refineries as a ...
Base oil exports from the United States were barely higher in November compared to the same month of 2021, while imports dropped sharply to the lowest ...
Vertex Energy Inc. announced today that it has again reached an agreement to sell its Heartland used motor oil collection and recycling business – t ...
The United States produced 4.7 million barrels of base oils in November, 3% less than the same month of 2021 and the fourth consecutive month that the ...
The United States base oils market was starting to awaken from its hibernal slumber, as more buyers sought fresh cargoes and producers readied for add ...
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