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Amalie Oil Company Named 2022 Supplier of the year for O’Reilly Auto Parts
Amalie Oil Company Named 2022 Supplier of the year for O’Reilly Auto Parts O’Reilly Auto Parts recently concluded their 2023 Leadership Conference at the Kay
Matrix Announces the Successful Sale of Alpena Oil, Inc.
Matrix Announces the Successful Sale of Alpena Oil, Inc. Matrix Capital Markets Group, Inc., a leading, independent investment bank, announces that it has advised Alpena
Chevron and CITGO Announce Lubricant Price Adjustments
Chevron and CITGO Announce Lubricant Price Adjustments Chevron Implements a General Lubricant Price Decrease, and will Increase the Price on Grease Chevron announced a general
Yoder Oil Company Partners with Cadence Petroleum Group
Cadence Petroleum Group continues its expansion with the acquisition of Yoder Oil Company. Yoder is a 3nd generation fuel, oil, and diesel exhaust fluid distributor headquartered in Elkhart, IN. They operate a second distribution center in Indianapolis, IN, along with 4 unattended cardlocks in northern Indiana.
What’s Next?
While recent reductions in the price of base oils, and the declines in the CPI and PPI in 4Q22 could mean good news for some in the short term, the big concern now is…
Base Oil Price Decreases
Motiva, Chevron, and Safety-Kleen announce decreases in posted base oil prices. Motiva announced a posted price decrease of $0.50 a gallon on its 100 and 220N base oils, and $0.20 per gallon decrease…More
A Look Back at 2022 and Ahead to 2023
Although lubricant manufacturers and distributors in 2022 had to navigate through less chaos than seen in 2020 and 2021 during the pandemic, business was still far from settled.
Offen Petroleum Enters the Great Lakes Region with Gas Depot Acquisition
Offen Petroleum Enters the Great Lakes Region with Gas Depot Acquisition Offen Petroleum (“Offen”), announced today that it has completed the acquisition of the wholesale
Arguindegui Oil Co, II, Ltd. Acquires Sunoco Energy Services operating units in Texas and Oklahoma
Arguindegui Oil Co, II, Ltd. Acquires Sunoco Energy Services operating units in Texas and Oklahoma Arguindegui Oil Co, II, Ltd. (‘AOC’), one of the nation’s
Majors Management Announces Acquisition of Davis Oil Co.
Majors Management Announces Acquisition of Davis Oil Co. Majors Management, LLC, and its affiliates (“Majors”) of Lawrenceville, GA, a recognized retail petroleum industry leader, announces
Shell Acquires Allied Reliability, Further Expanding Its North American Lubricants Business
Shell Acquires Allied Reliability, Further Expanding its North American Lubricants Business Pennzoil-Quaker State Company d/b/a SOPUS Products, a wholly-owned subsidiary of Shell USA, Inc. that
Foster Fuels acquires Candler Oil Company
Foster Fuels Acquires Candler Oil Company Foster Fuels, Inc. purchased fuel provider Candler Oil Company based in Lynchburg, Va. Cohorts Watt R. Foster, president and
Amalie Oil Company Named 2022 Supplier of the year for O’Reilly Auto Parts
Amalie Oil Company Named 2022 Supplier of the year for O’Reilly Auto Parts O’Reilly Auto Parts recently concluded their 2023 Leadership Conference at the Kay
Matrix Announces the Successful Sale of Alpena Oil, Inc.
Matrix Announces the Successful Sale of Alpena Oil, Inc. Matrix Capital Markets Group, Inc., a leading, independent investment bank, announces that it has advised Alpena
Chevron and CITGO Announce Lubricant Price Adjustments
Chevron and CITGO Announce Lubricant Price Adjustments Chevron Implements a General Lubricant Price Decrease, and will Increase the Price on Grease Chevron announced a general
Yoder Oil Company Partners with Cadence Petroleum Group
Cadence Petroleum Group continues its expansion with the acquisition of Yoder Oil Company. Yoder is a 3nd generation fuel, oil, and diesel exhaust fluid distributor headquartered in Elkhart, IN. They operate a second distribution center in Indianapolis, IN, along with 4 unattended cardlocks in northern Indiana.
What’s Next?
While recent reductions in the price of base oils, and the declines in the CPI and PPI in 4Q22 could mean good news for some in the short term, the big concern now is…
Base Oil Price Decreases
Motiva, Chevron, and Safety-Kleen announce decreases in posted base oil prices. Motiva announced a posted price decrease of $0.50 a gallon on its 100 and 220N base oils, and $0.20 per gallon decrease…More
A Look Back at 2022 and Ahead to 2023
Although lubricant manufacturers and distributors in 2022 had to navigate through less chaos than seen in 2020 and 2021 during the pandemic, business was still far from settled.
Offen Petroleum Enters the Great Lakes Region with Gas Depot Acquisition
Offen Petroleum Enters the Great Lakes Region with Gas Depot Acquisition Offen Petroleum (“Offen”), announced today that it has completed the acquisition of the wholesale
Arguindegui Oil Co, II, Ltd. Acquires Sunoco Energy Services operating units in Texas and Oklahoma
Arguindegui Oil Co, II, Ltd. Acquires Sunoco Energy Services operating units in Texas and Oklahoma Arguindegui Oil Co, II, Ltd. (‘AOC’), one of the nation’s
Majors Management Announces Acquisition of Davis Oil Co.
Majors Management Announces Acquisition of Davis Oil Co. Majors Management, LLC, and its affiliates (“Majors”) of Lawrenceville, GA, a recognized retail petroleum industry leader, announces
Shell Acquires Allied Reliability, Further Expanding Its North American Lubricants Business
Shell Acquires Allied Reliability, Further Expanding its North American Lubricants Business Pennzoil-Quaker State Company d/b/a SOPUS Products, a wholly-owned subsidiary of Shell USA, Inc. that
Foster Fuels acquires Candler Oil Company
Foster Fuels Acquires Candler Oil Company Foster Fuels, Inc. purchased fuel provider Candler Oil Company based in Lynchburg, Va. Cohorts Watt R. Foster, president and
News Archives
Matrix Announces the Successful Sale of Alpena Oil, Inc.
Yoder Oil Company Partners with Cadence Petroleum Group
What’s Next?
Base Oil Price Decreases
Majors Management Announces Acquisition of Davis Oil Co.
Foster Fuels acquires Candler Oil Company
American Industrial Partners Announces Acquisition of RelaDyne, Inc.
Matrix Announces the Successful Sale of Jack’s Convenience Stores
Brewer-Hendley Oil Company Partners with Cadence Petroleum Group
Matrix Announces the Successful Sale of Slidell Oil Company, LLC
Valor Oil acquires Ford’s Fuel Service, Inc of Loris, SC
Matrix Announces the Successful Sale of Tri-State Petroleum Corporation
Chevron and CITGO Announce Lubricant Price Adjustments
ExxonMobil Revisits its Recent Lubricant Price Increase
Calumet Set to Decrease Base Oil Posting
Safety-Kleen and Phillips 66 Announce Base Oil Price Decreases
Motiva and Chevron Announce Base Oil Price Decreases
More Base Oil and Lube Increases
More Price Increases
ExxonMobil Announces Base Oil Increase
SOPUS Announces Increase, combines with previous
More Lubricant Price Adjustments
Motiva Announces Increase in Base Oil Postings
SOPUS Announces Lubricant Price Increase
Sun Coast Resources, Inc. Announces the Acquisition of Southern Lubricants, Inc.
Sun Coast, one of the nation’s leading wholesale petroleum and emergency fuel suppliers has acquired Southern Lubricants, Inc. of Columbia, South Carolina.
Brenntag in Talks to Acquire Univar
Brenntag in Talks to Acquire Univar Reuters reported that “Brenntag SE said on Friday it held preliminary discussions with U.S. rival Univar Solutions Inc regarding
ENEOS Announces X Prime 0W-8 Coming in 2023
ENEOS Announces X Prime 0W-8 Coming in 2023 As recently unveiled in the New Products Showcase at SEMA 2022, ENEOS USA Inc. announced ENEOS X
Brenntag Expands Local Presence in Massachusetts
Brenntag Expands Local Presence in Massachusetts Brenntag, the global market leader in chemicals and ingredients distribution, has opened a new production and warehouse facility in
Society of Tribologists and Lubrication Engineers (STLE) To Host Metalworking Fluid Management Program
Society of Tribologists and Lubrication Engineers (STLE) To Host Metalworking Fluid Management Program Educational course provides metalworking professionals with cutting-edge techniques and practices for enhancing
Matrix Announces Capital Raise for Carroll Independent Fuel
Matrix Announces Capital Raise for Carroll Independent Fuel Matrix Capital Markets Group, Inc., a leading, independent investment bank, announces that it served as lead financial
Walthall Oil Company Acquires Barrett Oil and Fuel Pro of Savannah, Georgia
Walthall Oil Company, a third-generation family business, announced today they are acquiring Barrett Oil and Fuel Pro Commercial Fueling sites in Savannah, Georgia. This acquisition complements Walthall’s existing geography in Georgia, northern Florida, and South Carolina.
Matrix Announces the Successful Sale of Community Service Stations, Inc.
Matrix Announces the Successful Sale of Community Service Stations, Inc. Matrix Capital Markets Group, Inc., a leading, independent investment bank, announces that it has advised