Base Oil Supply Crisis Predicted to Worsen 

June 3, 2026

New Orleans – The lubricants industry is reeling from fallout from the war between the United States, Iran and Israel – a record run-up in base oil prices...

U.S. Domestic Base Oil Demand Multi-Year High

June 3, 2026

Base oil inventories in the United States are shrinking as domestic demand accelerates, according to the latest figures published by the U.S. Energy Information Administration....

MOL Group to Restore Base Oil Output in Q3

June 3, 2026

Hungarian energy company MOL Group said it is continuing to produce base oils, albeit at reduced rates, as the company recovers from a fire at...

Briefly Noted

June 3, 2026

UAE Smelter Backs Homegrown Lubricants Emirates Global Aluminium and ADNOC Distribution signed an agreement on May 7 under which ADNOC Distribution will supply locally blended...

Weak Market Pushes Exxon to Shut Singapore Cracker

June 1, 2026

ExxonMobil has suspended operations at one of its chemical manufacturing plants in Singapore, citing unfavorable market conditions, according to report in local media. The decision...

Azerbaijan Lube Output Edges Up

May 27, 2026

Azerbaijan produced 32,800 metric tons of industrial and automotive lubricants in 2025, according to the country’s State Statistics Committee. The country’s lubricant industry is undergoing...

Briefly Noted

May 27, 2026

Lanxess and HPCL Sign MoU for Aviation Lubes Lanxess and Hindustan Petroleum Corp. Ltd signed a memorandum of understanding to expand the availability of aviation and...

Executive Changes Across Lubricants Industry

May 27, 2026

A raft of executive appointments and leadership restructuring in the global lubricants and specialty chemicals industry is strengthening management teams and positioning businesses for growth...

EVs Drive Europe’s Car Market Growth

May 27, 2026

According to industry data released Wednesday by the European Automobile Manufacturers’ Association, new car registrations in the European Union rose 4.2% in the first four...

Supply Anxiety Grips Turkey Base Oil Market

May 26, 2026

Turkey’s lubricant market is facing unprecedented stress on supply chains from the ongoing conflict in neighboring Iran. Financing pressure and replacement risk increasingly outweigh price in...