Market Topics

Tupras Stops Buying Russian Crude
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Tupras Stops Buying Russian Crude

February 19, 2025

Turkey’s largest oil refiner and sole virgin base oil producer, Tupras, is no longer buying Russian crude feedstock af ...

Valvoline Eyes Growth in Industrial Oils

Valvoline Eyes Growth in Industrial Oils

November 17, 2020

Custom Content – Within the space of just three years, Valvoline Europe has significantly grown its industrial lubrica ...

Valvoline Geared Up for Grease Expansion

Valvoline Geared Up for Grease Expansion

October 6, 2020

Custom Content – Valvoline, one of the world’s leading lubricant and automotive suppliers, has made a frictionless m ...

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State Investigates Moove Fire

February 19, 2025

Prosecutors in the Brazilian state of Rio de Janeiro opened an investigation into a large Feb. 8 fire at a Moove finishe ...

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Lube Deliveries Drop Steeply in Germany

February 19, 2025

Domestic deliveries of finished lubricants in Germany plummeted 39% in October, compared to the same month of 2023, an e ...

Luberef Reconsiders Closing Jeddah

Luberef Reconsiders Closing Jeddah

February 18, 2025

Citing improved market conditions, Luberef said Tuesday that it is considering keeping open its API Group I base oil pla ...

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Weekly EMEA Base Oil Price Report

February 18, 2025

This week saw the start of talks aimed at ending the three-year-old war between Russia and Ukraine – a goal that could ...

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Weekly Asia Base Oil Price Report

February 17, 2025

Several base oil grades were impacted by a tighter supply and demand balance in Asia, which sent prices to higher ground ...

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Lubrizol to Axe Staff in France

February 12, 2025

Lubrizol is cutting staff in France and shifting some production overseas, blaming overcapacity in the market, the rise ...

Protestors Disrupt Shell Talk

Protestors Disrupt Shell Talk

February 12, 2025

Two protesters disrupted a presentation by a Shell official at the ICIS World Base Oils and Lubricants Conference in Lon ...

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South Korea Base Oil Exports Dip Again

February 12, 2025

Base oil exports from South Korea dipped half a percentage point in 2024, falling to their lowest level since 2016, acco ...

Crews Battle Blaze at Moove’s Rio Site

Crews Battle Blaze at Moove’s Rio Site

February 12, 2025

Residents were evacuated from a blaze and fluid leak into Guanabara Bay at the Moove lubricant factory near Rio.

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Weekly EMEA Base Oil Price Report

February 11, 2025

United States President Donald Trump imposed 25% tariffs this week on steel and aluminum imports from all countries, an ...

Career Moves: Who’s Working Where

Career Moves: Who’s Working Where

February 5, 2025

There has been lots of HR movement at grease maker Axel Christiernsson. After almost 25 years as CEO, Johan Stureson is ...

US Pauses Canadian, Mexican Tariffs

US Pauses Canadian, Mexican Tariffs

February 5, 2025

The United States on Tuesday walked back tariffs scheduled to take effect that day on goods imported from Canada and Mex ...

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US Base Oil Output Dipped in November

February 5, 2025

United States refiners produced a modest 4.4 million barrels of base oil in November, according to new data from the fed ...

Singapore Base Oil Exports Drop Again

Singapore Base Oil Exports Drop Again

February 5, 2025

Weekly base oil exports from Singapore slumped to their lowest in 11 months, while imports surged, according to data co ...