Lubricants Reports
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Weekly Lubricant and Base Oil Report: Predict to stop rising Recycled Base Oil prices after a period of the sharp rise
Over the last week, crude oil prices have fluctuated between $105 and $113. Despite last week’s meeting of OPEC and […]
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Concerns About Production Shortage in the Market
In the past two weeks, Russia has captured two major Ukrainian cities. Reports indicate that three major Ukrainian ports will […]
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Temporary Fluctuations Disrupting the Market
As Russia’s war with Ukraine continues, hopes for a better crude oil market waned. In recent weeks, Russian oil exports […]
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Market Confusion and Upward Slope of Prices
The war in Ukraine continues to dominate the news around the world. International sanctions and a ban on Russian exports […]
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The Tangle of the Political and Economic Crisis in the world’s Market
Sharp crude oil prices and sloping supply persist to put pressure on base oils and lubricants. After the OPEC+ agreement […]
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Rising Demand Amid Pricing Turmoil in the Base Oils and Lubricants
Iranian refineries and producers officially returned to work, but market fluctuations have left companies reluctant to announce prices. Manufacturers have […]
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Determination Challenges in the Base Oil and Lubricant Market
Oil prices rose to $125 last week as Yemeni Houthis attacked Saudi oil production lines. Prices have fluctuated sharply in […]
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High Demand vs. Tight Supply of Recycled Oil
Iran’s Nowruz holiday has started on March 20; therefore, companies stopped their production about 10 days ago. Due to delivery […]
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Remarkable Augmentation in India’s Fuel and Petroleum Market
Markets have been volatile in recent weeks as crude oil prices have risen to around $135 sharply. However, in the […]
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Threats of Sanctions on Russian Oil Shocked the Markets
With the escalation of the war in Ukraine and the fall of Kherson City, oil prices crossed USD 130 and […]
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The base oil and lubricant market react to Ukraine invasion
Russia’s invasion of Ukraine last week was the headline of the news, and it is likely that this trend will […]
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Intricacy in Base Oil and recycled Base Oil Supply
The market for base oil and recycled base oil is facing insurmountable supply problems. The global base oil industry is […]