With producers able to place surplus availability in the export market and domestic contract business remaining at fairly steady levels, price pressur ...

Activity was expected to pick up during the week, following the Thanksgiving holiday on Nov. 25, with suppliers embarking on the last push to lower in ...

The United States produced 5.5 million barrels of base oil in September, topping the same month in 2020 by 23% and nearly matching the October 2019 to ...

Sudden bursts of activity surprised sellers in some segments of the market, ushering in what was otherwise expected to be a fairly quiet week due to t ...

Vertex Energy Inc. reported higher gross profit and increased revenues for the quarter ended Sept. 30 for its used motor oil collection and processing ...

The American Petroleum Institute last week published an updated version of API 1525A, a document setting guidelines for managing the chain of custody ...

Reports about market activity were mixed, with a number of suppliers stating that demand was stronger than expected for November – even with the app ...

Calumet Specialty Products Partners L.P. reported much improved earnings for the quarter ending Sept. 30, showing signs of emerging from COVID-19 pand ...

Despite ongoing plant maintenance programs and fairly steady demand, base oil availability in the United States has attained more comfortable levels t ...

Calumet communicated a price increase for its naphthenic base oils, joining Cross Oil, which announced a similar initiative a week ago. On the paraffi ...

WD-40 reported net income of $8.4 million for its fourth fiscal quarter, ending Aug. 31, down 57% compared to its previous fourth quarter. For its ful ...

Vertex Energy shareholders voted in favor of its proposed sale of used motor oil collection and recycling assets – including two rerefineries – to ...

Base oil output in the United States retreated in July, dipping slightly below the level produced in June and falling below amounts produced before th ...

U.S. Base Oil Production Continues on the Path to Recovery The COVID-19 pandemic wreaked havoc on United States base oil production during the firs ...

South Korean-based DL Chemical Co. Ltd. will acquire Houston-based Kraton Corp. for $2.5 billion in cash under a definitive merger agreement announced ...

ExxonMobil is collaborating with a Canadian wind energy research organization to test new lubricants for wind turbine applications and lube performanc ...

Synthetic lubricants manufacturer Amsoil launched Amsoil Industrial, a new business unit dedicated to serving large business-to-business customers, in ...

The Michigan Department of Agriculture and Rural Development issued a stop-use and stop-removal order on REV 360 brand products from Orion Lubricants, ...

North Carolina-based Get Spiffy, an on-demand car care services company, acquired Pit Crew, which provides mobile oil changes, tire and other automoti ...

The EU and China lead global EV sales, while the U.S. lags behind with the rest of the world, according to tech analysts Canalys.