Brazil’s base oils output held in a narrow range in July even as it fell to a four-month low.Lower output contrasted with rising base oils imports, leaving total supply close to a nine-month high.Base oils output of 49,720mᶟ (44,000t) in July fell from little more than 54,000mᶟ the previous month, government data showed.Output had also held just above the 50,000mᶟ level in April and May.Output fell in July mostly because of a dip in production at Petrobras’ Group I plant at its Reduc refinery.The plant’s base oils output fell by 14pc in July from the previous month.The contraction mirrored a similar slowdown in the refinery’s total output but exceeded a much smaller slowdown in its gasoline output.Lower output cut Brazil’s total base oils supply, or output and imports combined, to 130,750mᶟ in July.The volume fell from close to 135,000mᶟ in June. It remained well above typical levels of around 113,000 mᶟ/month in the seven months to May..Brazil’s July lube demand rises
Brazil’s base oils output held in a narrow range in July even as it fell to a four-month low.Lower output contrasted with rising base oils imports, leaving total supply close to a nine-month high.Base oils output of 49,720mᶟ (44,000t) in July fell from little more than 54,000mᶟ the previous month, government data showed.Output had also held just above the 50,000mᶟ level in April and May.Output fell in July mostly because of a dip in production at Petrobras’ Group I plant at its Reduc refinery.The plant’s base oils output fell by 14pc in July from the previous month.The contraction mirrored a similar slowdown in the refinery’s total output but exceeded a much smaller slowdown in its gasoline output.Lower output cut Brazil’s total base oils supply, or output and imports combined, to 130,750mᶟ in July.The volume fell from close to 135,000mᶟ in June. It remained well above typical levels of around 113,000 mᶟ/month in the seven months to May..Brazil’s July lube demand rises
