Crude oil makes the headlines. Group III base oil may have a greater effect on the price and availability of synthetic motor oil. When crude prices fall, people naturally expect motor oil prices to fall with them. But motor oil is not simply crude oil poured into smaller containers. It is a manufactured product made from refined base oils, additives, packaging and approved formulations. Its cost depends not only on crude, but also on specialized production capacity, internati
Article Excerpt: Renewed conflict surrounding the Strait of Hormuz has pushed crude oil sharply higher and returned uncertainty to petroleum supply chains. Here is what fleets, municipalities, contractors and procurement teams should understand about the potential impact on lubricants. The global petroleum market entered another period of sharp volatility on July 13, 2026, as renewed U.S.-Iran tensions raised concerns about the movement of oil and energy products through the
Published by PETRO DAWG | June 2026 If you've been waiting for lubricant prices to come back down to earth, we're not going to sugarcoat it: you may be waiting a long time. And planning your procurement strategy around the hope of a price drop could be the most expensive mistake you make this year. Here's what's actually happening, why it happened, and — more importantly — what you can do about it right now. What Just Happened: The Price Tsunami Nobody Saw Coming The North Am
