Episode 1387: Podcast: What to expect this winter for European base oils and lubricants?
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Episode 1387: Podcast: What to expect this winter for European base oils and lubricants?
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European Group I base oils volumes have been locked in a downwards trend as a domestic oversupply build up in inventories over the summer while export volumes continue to see some tightness especially on heavier grades. Is Exxon Mobil's newly opened Singapore plant expansion the answer to that supply gap? And how are flows expected to change?
Sophie Udubasceanu, Sam Wright and Michael Connolly discuss what to expected this winter for European base oils and lubricants.
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