Germany’s domestic lube demand fell in August at its slowest pace in six months and unusually rose from the previous month amid firmer consumption of engine oils and process oils.Total domestic lube consumption of 53,640t in August fell by 6pc from year-earlier levels, government data showed.The contraction was smaller than the 15pc fall in demand in the first eight months of the year.The volume rose from less than 50,000t in July.Germany’s lube demand typically falls in the month of August from the previous month amid a seasonal slowdown in consumption.Demand got support from a 15pc rise in engine oils consumption and a 6pc rise in process oils consumption from year-earlier levels.Including lubricant exports, total lube consumption of 130,200t in August fell by 3pc from the previous year. The size of the contraction was the smallest since mid-2021..Italy’s September lube demand rises
Germany’s domestic lube demand fell in August at its slowest pace in six months and unusually rose from the previous month amid firmer consumption of engine oils and process oils.Total domestic lube consumption of 53,640t in August fell by 6pc from year-earlier levels, government data showed.The contraction was smaller than the 15pc fall in demand in the first eight months of the year.The volume rose from less than 50,000t in July.Germany’s lube demand typically falls in the month of August from the previous month amid a seasonal slowdown in consumption.Demand got support from a 15pc rise in engine oils consumption and a 6pc rise in process oils consumption from year-earlier levels.Including lubricant exports, total lube consumption of 130,200t in August fell by 3pc from the previous year. The size of the contraction was the smallest since mid-2021..Italy’s September lube demand rises
