Europe’s base oils exports to countries outside the region rose to a five-month high in August mostly because of a rebound in shipments from the UK.Total exports of more than 267,000t in August to markets outside Europe rose from less than 255,000t the previous month, government data showed.Exports rose by 6pc from year-earlier levels and for a second time in three months.The pick-up in shipments lifted total exports to 2.15mn in the first eight months of the year.The volume was still down 3pc from 2.21mn t during the same period last year and the lowest in more than five years even as shipments from the UK rose.Exports rose in August on the back of higher shipments from the UK, Italy and the Netherlands.Exports from Italy rose after falling sharply in the second quarter of the year..US’ August base oils exports fall
Europe’s base oils exports to countries outside the region rose to a five-month high in August mostly because of a rebound in shipments from the UK.Total exports of more than 267,000t in August to markets outside Europe rose from less than 255,000t the previous month, government data showed.Exports rose by 6pc from year-earlier levels and for a second time in three months.The pick-up in shipments lifted total exports to 2.15mn in the first eight months of the year.The volume was still down 3pc from 2.21mn t during the same period last year and the lowest in more than five years even as shipments from the UK rose.Exports rose in August on the back of higher shipments from the UK, Italy and the Netherlands.Exports from Italy rose after falling sharply in the second quarter of the year..US’ August base oils exports fall
