US base oils exports to Brazil stayed higher than usual in March, when the Latin American country’s domestic base oils output fell to a nine-month low.US exports of 295,960bl (41,680t) to Brazil in March rose from 239,690bl the previous month, government data showed.The volume rose by 87pc from year-earlier levels and boosted total shipments to the country to 847,290bl in the first quarter of the year.Exports rose from 637,280bl during the same three-month period last year, when Brazil was clearing a supply surplus.Its tighter supply this year provided the US market with a valuable outlet to clear some of its own surplus volumes..US’ March base oils exports rise.Contact us for more information about the data for these stories
