Europe’s base oils imports from Russia almost ground to a halt in June, leaving the region reliant on other sources to cover its Group I base oils requirements.Imports of 400t in June fell from close to 2,500t the previous month, government data showed.Europe’s ban on base oils imports from Russia came into effect from early February.The flow of shipments fell sharply since then, although a small volume of supplies continued to move to markets like Bulgaria and Latvia.Shipments to those countries also fell sharply in June.The slump in supplies cut Europe’s total base oils imports from Russia to around 20,500t in first-half 2023.The volume fell from 119,000t during the same period last year..Europe’s June base oils exports fall
Europe’s base oils imports from Russia almost ground to a halt in June, leaving the region reliant on other sources to cover its Group I base oils requirements.Imports of 400t in June fell from close to 2,500t the previous month, government data showed.Europe’s ban on base oils imports from Russia came into effect from early February.The flow of shipments fell sharply since then, although a small volume of supplies continued to move to markets like Bulgaria and Latvia.Shipments to those countries also fell sharply in June.The slump in supplies cut Europe’s total base oils imports from Russia to around 20,500t in first-half 2023.The volume fell from 119,000t during the same period last year..Europe’s June base oils exports fall
