Argentina’s lube demand fell in September for the seventh time in eight months in the face of an extended slowdown in economic activity.Lube consumption of 21,700mᶟ (19,200t) in September fell by 6pc from the same month a year earlier, government data showed.The ongoing contraction cut the country’s lube demand by 3pc to 191,740mᶟ in the first nine months of the year.Lube demand slowed in the face of economic contraction, unusually high inflation, a sliding currency and rising interest rates.Industrial lubricants consumption fell by 6pc in September and for the seventh time in eight months.Automobile lube demand fell by 5pc in September and for the second time in five months..Brazil’s September lube demand rises
Argentina’s lube demand fell in September for the seventh time in eight months in the face of an extended slowdown in economic activity.Lube consumption of 21,700mᶟ (19,200t) in September fell by 6pc from the same month a year earlier, government data showed.The ongoing contraction cut the country’s lube demand by 3pc to 191,740mᶟ in the first nine months of the year.Lube demand slowed in the face of economic contraction, unusually high inflation, a sliding currency and rising interest rates.Industrial lubricants consumption fell by 6pc in September and for the seventh time in eight months.Automobile lube demand fell by 5pc in September and for the second time in five months..Brazil’s September lube demand rises
