October 27, 2021

Sharp Price Increase Has Evoked the Market

Various factors have affected the market last week. changes in the base oil, lubricant, and recycled base oil market were mixed up. While some grades had
October 20, 2021

Stable Lubricant and Base Oil Market with The Chance of Growth

Significant consequences of the Covid-19 epidemic continue to affect the markets of base oils, lubricants and recycled oil. Demand in the market has not yet recovered
October 13, 2021

India Shocked the Market by Ceasing the Shipping from Several Origins

The price of recycled base oil and lubricant peaked in the first half of the year due to declining production and high demand. Last week, while
September 8, 2021

Expectations for Price Reductions Failed

In recent weeks, there have been developments in the oil and lubricant market that did not last long. At the beginning of the week, due to
August 4, 2021

Turbulent Market for Base Oil and Lubricants

After months of severe supply shortages and constant upward price adjustments, the situation of production and supply of base oils has developed. However, with the rising
July 8, 2021

Supply Shortage and Soaring Petrochemical Prices

The base oil market has undergone a complex situation in the Middle East, Europe, and Africa during the previous weeks. In contrary to the former meetings