Argentina’s lube demand rose in October for the first time in four months even in the face of surging inflation and slowing economic growth.Lube consumption of 20,850mᶟ (18,500t) in October rose by 11pc from year-earlier levels, government data showed.Demand stayed in a 20,000-21,500 mᶟ/month range that it has mostly held in since April.Lube consumption of 212,580mᶟ in the first ten months of the year was still down 2pc from year-earlier levels.The fall in demand so far this year mirrored more the slowdown in Argentina's economic activity.The slowdown extended to the country’s automobile sales, which fell in November for the first time in twenty-one months.The country’s firmer lube demand in October partly reflected a low base level the same month a year ago.Consumption of industrial oils rose by 13pc in October and automobile lubricants by 11pc..Brazil’s Oct lube demand extends rise.Argentina’s Sept lube demand falls
