API Base Oil Definitions The American Petroleum Institute (API) classifies base oils into five groups under API 1509, ba...

Finished Lubricants Explained Contributor – July 9, 2025 Finished lubricants are pre-formulated fluids d...

With the conflict in the Middle East stretching supply chains and causing significant disruption and uncertainty across ...

The Strait of Hormuz remained mostly closed to ship traffic, continuing to cause upheaval to the base oil market. Gabrie...

Spot base oil prices underwent few fluctuations during the week on muted trading as participants seemed to take a pause ...

Firm crude oil and feedstock prices and a fairly tight supply and demand balance continued to exert upward pressure on b...

Lubricant prices in Bangladesh have risen sharply this year as disruptions in the Middle East push up base oil, freight ...

Lucas Oil Names Furgiuele as COO Lucas Oil has promoted Naomi Furgiuele to chief operating officer, effective immediatel...

Tehran submitted its terms for a peace plan, all of which were turned down by Washington. This was another version of or...

Compared to earlier in the Iran conflict, base oil supply and demand fundamentals were more balanced in Asia, with the e...