With the market still showing signs of being oversupplied and fewer export opportunities because of lackluster demand in other regions, domestic buyer ...
Despite recent run rate reductions at a number of plants due to freezing weather and a shift toward additional diesel and heating oil output, most bas ...
Kline & Co.’s Anuj Kumar observes Group III base oils sprouting from a few used oil rerefiners and predicts more will come.
A tidal wave of mineral base oil capacity is surging onto a global market that already has a supply overhang. Exporters are especially likely to feel ...
Electric vehicle manufacturers have a big wishlist for the next generation of driveline fluids — copper compatibility, copper protection, improved ...
Freezing temperatures and heavy snow blanketed large swaths of the United States and Canada this week, knocking out power, disrupting transportation a ...
Base oil activity proceeded at a moderate pace this week, partly dampened by the Martin Luther King Jr. federal holiday on Jan. 19, with suppliers not ...
The geography, quality and scale of global base oil supply has fundamentally changed over the past two decades. Global production capacity has swollen ...
Are we close to the long-anticipated point where chemical safety laws and market expectations become incompatible at an accessible cost? Lubricant for ...
Gleanings from the Industry The process of making lubricants is basically the same regardless of location: Blend base oils with chemical additives ...
January is generally considered a transitional month in that both buyers and sellers assess inventories and product needs for the coming months, with ...
The base oils market was understandably quiet during the last few days of the year, with the recent posted price decreases having been implemented for ...
HollyFrontier announced a posted price decrease for most of its API Group I base stocks this week, in the wake of similar initiatives by Chevron, Exxo ...
According to reports, ExxonMobil and Paulsboro Refining Co. planned to decrease posted prices this week, on the heels of similar adjustments by Chevro ...
The base oils market moseyed its way through the last weeks of the year, with participants reporting business at predicted levels amid expectations th ...
Chevron announced a posted price decrease for its API Group II base oils this week. The price revision wasn’t a complete surprise, as Group II cuts ...
A few participants rushed to finalize business ahead of the Thanksgiving Holiday celebrated in the United States on November 27, and this led to a sho ...
Base oil consumption levels have slipped due to seasonal patterns, and this, along with steady production at most refineries and the release of hurric ...
The successful completion of a plant turnaround coupled with slowing demand was expected to lead to oversupply conditions for some base oil grades. Pr ...
Despite a reduction in activity levels in some segments of the base oils market, demand was generally described as steady for many grades, with supply ...
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