Base oil business activity was fairly subdued and prices were generally stable, but some players wondered whether this might be calm before the storm. ...
Firm crude oil and feedstock prices and a fairly tight supply and demand balance continued to exert upward pressure on base oil prices. Motiva announc ...
Additional posted price increase notifications emerged this week, with Chevron and Petro-Canada informing customers of price adjustments. Some API Gro ...
Price activity shifted to the naphthenic base oils side this week, as San Joaquin Refining announced a price increase for its light grades, while othe ...
The supply and demand balance in the API Group III segment remained extremely tight, while crude oil and feedstock prices moved up, prompting SK Enmov ...
With the API Group III base oil segment seeing little relief in terms of supply levels, it was not surprising that yet another producer implemented a ...
Excel Paralubes communicated a posted price increase, following similar initiatives by other base oil producers since the beginning of the month. The ...
Calumet and Chevron joined several other base oil producers who communicated posted price increases in August. The markups were driven by a very tight ...
According to reports, ExxonMobil and HF Sinclair announced posted price increases on the heels of several initiatives by other producers last week in ...
Motiva, SK Enmove and Avista Oil announced posted price increases, driven by tight global availability of Group II+ and Group III base oils and recent ...
Market attention partly turned to events happening closer to home than the Middle East conflict this week, as a tropical storm threatened to disrupt r ...
Intensifying hostilities between the United States and Iran and the renewed closing of the Strait of Hormuz continued to disrupt crude oil and refined ...
With the Strait of Hormuz once again effectively closed to vessel traffic, the chances that fresh crude oil and base oil shipments would be able to le ...
Just when the Middle East situation was starting to look up and an increasing number of vessels had been able to transit the Strait of Hormuz, Iranian ...
While the number of vessels allowed to transit the Strait of Hormuz has increased, a recent artillery strike by Iran on a commercial ship and the Unit ...
The memorandum of understanding signed by the United States and Iran over the weekend ignited renewed hopes that ongoing hostilities in the Middle Eas ...
A provisional ceasefire and an end to hostilities between the United States and Iran announced at the start of the week immediately caused crude oil f ...
A flare-up in hostilities between the United States and Iran pushed a tenuous ceasefire in the Middle East into the unknown, and kept crude oil prices ...
Base oil prices continued to be exposed to upward pressure from steep crude oil prices, as flows from the Middle East remained constrained by the near ...
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