US base oils exports to Europe fell to a four-month low in June amid a slump in supplies from more regular sources.Base oils exports of 191,870bl (27,020t) in June fell from more than 690,000bl the previous month, government data showed.The May volume was the highest in ten months.The June volume was the lowest since February and cut exports to 1.25mn bl in the second quarter of the year.The quarterly volume fell by 27pc year on year and for a fourth straight quarter.Exports of 154,320bl to Belgium in June fell from more than 530,000bl the previous month.Exports fell as combined shipments from the districts of San Francisco and Mobile, Alabama dipped to their lowest since last December.There was also a pause in shipments from New Orleans for the first time in four months..US’ June base oils exports fall
US base oils exports to Europe fell to a four-month low in June amid a slump in supplies from more regular sources.Base oils exports of 191,870bl (27,020t) in June fell from more than 690,000bl the previous month, government data showed.The May volume was the highest in ten months.The June volume was the lowest since February and cut exports to 1.25mn bl in the second quarter of the year.The quarterly volume fell by 27pc year on year and for a fourth straight quarter.Exports of 154,320bl to Belgium in June fell from more than 530,000bl the previous month.Exports fell as combined shipments from the districts of San Francisco and Mobile, Alabama dipped to their lowest since last December.There was also a pause in shipments from New Orleans for the first time in four months..US’ June base oils exports fall