Volatile Times in the Base Oil Market

摘要

Talk about volatile times in the base oil marketl Basically you have to take base oils when and where you can get them and in some cases modify your formulas to accommodate the physical property differences. This is a situation that is going to continue to get progressively more dynamic. This is especially challenging when you have API-licensed engine oil products that are approved on certain base oil suppliers and group types. With planned and unplanned refinery shutdowns, hurricane contingency plans, the cresting of the lower Mississippi River, world supply issues and China's growing appetite for base oils, this trend is going to continue for some time.