This Insight piece looks at the impact the emergence and growth of the Group II and Group III base oil markets have had on the older Group I market.
Particular attention is paid to differing impacts on the various grades of Group I base oil. Why are these sub-markets reacting in different ways? What does this mean for consumers and refineries going forward?
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Our insights into regional Base oils-Lubes markets are provided by our network of reporters based locally in those markets.