Market outlook: Middle East and Asia base oils markets set to witness change in 2018

Base oils markets in Asia and the Middle East are set to witness major shifts from 2018 onwards. Key supply–driven changes in the Middle East are set to have an impact on base oils prices in these regions.

Senior Editor Manager Veena Pathare and Markets Editor Izham Ahmad look ahead to 2018, where major trends in the finished lubricants space in a few countries within the GCC are also expected to bring about movements in base oil tradeflows and eventually prices.

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