Another unprecedented year for global base oil supply

Overview

Feedstock costs, refinery margins, export netbacks and effects of Russia-Ukraine war on global trade remain at the forefront for the global base oils producers. These topics were key discussion points at the ICIS World Base Oils & Lubricants Conference that took place in Windsor, 26-28 June 2022.

ICIS experts created the insight piece summarising the latest developments for the European, US and Asian base oils markets and sharing their thoughts on how the second half of the year will pan out.

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