In Brief: Netherlands Jan base oils/lube stocks rise

The Netherlands’ base oils and lube stocks rose to a four-month high in January, with a rise in exports and drop in imports insufficient to counter higher domestic production.

Base oils and lube stocks of 137,000t in January rose from 131,000t the previous month to the highest since September, government data showed.

Stocks rose even as the country’s exports also rose to a four-month high.