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ENEOS Expands OE-Grade Fluids with New Advanced Products

ENEOS Expands OE-Grade Fluids with New Advanced Products

ENEOS has launched new high-performance products for the U.S. and Canadian markets. The lineup includes updated automatic transmission fluids, compressor oils for hybrid and electric vehicles, and larger packaging for popular synthetic motor oils. As a trusted OE (original equipment) lubricant supplier, ENEOS is enhancing its North American range with next-generation formulations to meet modern […]

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The Evolution of U.S. Lubricant Trade

The Evolution of U.S. Lubricant Trade: From Modest Flows to Export Dominance (2000–2024—and Early 2025 Trends)

The U.S. lubricant industry has grown from small-scale trading to becoming an important player in the global market. While domestic demand is expected to remain soft in 2025, new opportunities are emerging for 2026. These include higher industrial demand driven by reshoring, expanding marine exports, growth in Mexico and Brazil, and potential markets in Southeast

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Oil Industry Job Cuts Rise Amid Falling Crude Prices

Oil Industry Job Cuts Rise Amid Falling Crude Prices

The petroleum sector is facing job cuts as crude prices stay low and companies merge. Brent crude is around $63–64 per barrel, down about 10.5% this year, pushing major oil companies to reduce staff to stay profitable. This has raised concerns for supply chains and downstream markets, including lubricant production. Recent moves show the scale:

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Petroleum Industry Faces Rising Layoffs Amid Price Slump

Petroleum Industry Faces Rising Layoffs Amid Price Slump

The petroleum industry is facing a new round of job cuts due to falling crude prices and major company mergers. Brent crude prices, currently around $63–64 per barrel, have dropped by about 10% this year. To manage costs and keep profits stable, leading oil companies are reducing staff, which may affect supply chains and downstream

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Growth in Most Gulf Economies to Hold Steady This Year And Next On Rising Oil Output

Growth in Most Gulf Economies to Hold Steady This Year And Next On Rising Oil Output

Most Gulf Cooperation Council (GCC) countries are expected to see steady economic growth this year and next, driven by rising oil production, according to a recent Reuters report. Economists have also raised Saudi Arabia’s growth forecast, reflecting its strong comeback as the region’s largest economy. After cutting oil output in early 2023, OPEC+ has shifted

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UAE Announces Fuel Prices How Much Will A Full Tank Cost in October 2025

UAE Announces Fuel Prices: How Much Will A Full Tank Cost in October 2025?

On Tuesday, September 30, the UAE announced the fuel prices for October 2025. The Fuel Prices Monitoring Committee made a small increase for the month. Each month, the Ministry of Energy sets prices based on the average global oil rate, plus the operating costs of local fuel companies. The new fuel prices will take effect

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