US base oils exports to Mexico rose in February to the highest in more than eight years, extending for a second month a surge in shipments to the country.Exports of 698,430bl (98,370t) in February rose from 584,080bl the previous month, government data showed.The January volume had been the highest in eleven months. The February volume was the highest since at least 2015.The shipments contrasted with a sharp slowdown in US exports to Mexico in second-half 2022. The supplies increasingly struggled to keep pace with Mexico’s domestic requirements.The size of the shipments in the first two months of this year by contrast far outweighed Mexico’s monthly base oils requirements..US’ Feb exports to Latin America fall
US base oils exports to Mexico rose in February to the highest in more than eight years, extending for a second month a surge in shipments to the country.Exports of 698,430bl (98,370t) in February rose from 584,080bl the previous month, government data showed.The January volume had been the highest in eleven months. The February volume was the highest since at least 2015.The shipments contrasted with a sharp slowdown in US exports to Mexico in second-half 2022. The supplies increasingly struggled to keep pace with Mexico’s domestic requirements.The size of the shipments in the first two months of this year by contrast far outweighed Mexico’s monthly base oils requirements..US’ Feb exports to Latin America fall