Italy’s lubricating oil consumption rose to a one-year high in March amid a seasonal pick-up in demand.Consumption of 36,700t in March rose by 15pc from 32,000t in February, government data showed.Demand rose from month-earlier levels for a third month to the highest since March 2022.Sales fell from year-earlier levels in March for the sixth time in seven months.Demand for automobile lubricants rose in March from year-earlier levels for the fifth time in six months.Consumption of industrial oils fell in March for an eighteenth straight month..Europe’s Feb lube demand improves.Base Oil News stories and analysis also available on ICIS platform
