Volume 1 Issue 50
In the U.S. Gulf, December space is becoming scarce and rates are expected to rise further. Neither Europe nor Asia are particularly busy, but ships generally have several voyages booked ahead, and prompt space is no longer so common.-by Adrian Brown
An industry group organized by the American Petroleum Institute is making headway on recommendations to improve the engine oil specification development process, APIs Kevin Ferrick told Lube Report.
An increase in active oil and gas rigs will drive commercial and industrial lubricant demand growth in the United States over the next few years, according to a recent study.
Parkland Fuel Corp. acquired Holbrook, Arizona-based Bradco Fuels and Lubricants, the companies announced last week. It was the third acquisition this year for Parkland, which is scaling up its business in the United States.