France’s lubricating oil demand fell in May for the eleventh time in twelve months, mirroring a sustained slowdown in consumption in other key European markets.Lube consumption of 38,510t in May fell by 14pc from year-earlier levels of almost 45,000t, according to Centre Professionel des Lubrifiants (CPL).Demand was up 2pc from 37,700t in April.Consumption of automobile lubricants fell by 13pc in May from year-earlier levels and industrial oils by 15pc.The trend extended the pattern of weaker demand for lubricants used in the manufacturing sector.But a 10pc fall in consumption of passenger-car motor oils (PCMO) in May was the third monthly contraction in a row.PCMO consumption is considered to be more reflective of the state of the services sector.. Spain’s May lube demand mixed
France’s lubricating oil demand fell in May for the eleventh time in twelve months, mirroring a sustained slowdown in consumption in other key European markets.Lube consumption of 38,510t in May fell by 14pc from year-earlier levels of almost 45,000t, according to Centre Professionel des Lubrifiants (CPL).Demand was up 2pc from 37,700t in April.Consumption of automobile lubricants fell by 13pc in May from year-earlier levels and industrial oils by 15pc.The trend extended the pattern of weaker demand for lubricants used in the manufacturing sector.But a 10pc fall in consumption of passenger-car motor oils (PCMO) in May was the third monthly contraction in a row.PCMO consumption is considered to be more reflective of the state of the services sector.. Spain’s May lube demand mixed
