Germany’s lubricating oil consumption fell in April to its second-lowest level in more than seven years amid a simultaneous slump in domestic and overseas demand.Domestic lube demand and exports combined fell to 116,620t in April, government data showed.The volume fell from more than 148,000t in March. Its 27pc fall from year-earlier levels was the twenty-second monthly contraction in a row.Domestic demand fell as consumption of hydraulic oils fell by 54pc and metal-working fluids by 52pc. Engine oil consumption fell at a slower 13pc pace.Overseas demand for hydraulic oils rose in April. But shipments of process oils slumped by more than 65pc. .France’s May lube demand falls
Germany’s lubricating oil consumption fell in April to its second-lowest level in more than seven years amid a simultaneous slump in domestic and overseas demand.Domestic lube demand and exports combined fell to 116,620t in April, government data showed.The volume fell from more than 148,000t in March. Its 27pc fall from year-earlier levels was the twenty-second monthly contraction in a row.Domestic demand fell as consumption of hydraulic oils fell by 54pc and metal-working fluids by 52pc. Engine oil consumption fell at a slower 13pc pace.Overseas demand for hydraulic oils rose in April. But shipments of process oils slumped by more than 65pc. .France’s May lube demand falls