The UK’s base oils supply rose in July on the back of a recovery in domestic output to more typical levels.Domestic base oils production of more than 31,000t in July rose from less than 9,000t the previous month, government data showed.Output held above the 30,000t level for the third time in four months but remained historically low.Total output of around 162,000t in the first seven months of the year edged down from year-earlier levels to the lowest in more than a decade.The volume was even lower than during the same period in 2020, when lockdowns prompted refiners to slash production.Higher output in July outweighed a drop in base oils imports to a three-month low.The trend lifted total supply, or output and imports combined, to more than 59,000t in July, up from around 47,000t in June..Italy’s July base oils output stays low.Spain’s July base oils supply rises
The UK’s base oils supply rose in July on the back of a recovery in domestic output to more typical levels.Domestic base oils production of more than 31,000t in July rose from less than 9,000t the previous month, government data showed.Output held above the 30,000t level for the third time in four months but remained historically low.Total output of around 162,000t in the first seven months of the year edged down from year-earlier levels to the lowest in more than a decade.The volume was even lower than during the same period in 2020, when lockdowns prompted refiners to slash production.Higher output in July outweighed a drop in base oils imports to a three-month low.The trend lifted total supply, or output and imports combined, to more than 59,000t in July, up from around 47,000t in June..Italy’s July base oils output stays low.Spain’s July base oils supply rises