The Netherlands’ base oils and lube supply lagged demand for a second month in June, trimming the country’s stocks ahead of a seasonal slowdown in regional demand during the third quarter.The country’s base oils and lube supply came to 301,000t in June, up from 281,000t the previous month, government data showed.Base oils and lube demand of 311,000t in June rose from 297,000t in May.The net supply shortfall of 10,000t in June narrowed from 16,000t the previous month.The shortfall still helped to reverse a supply-build at the start of the second quarter.It also coincided with a drop in base oils supply in June in other key markets like UK and Italy..UK’s June base oils supply falls
The Netherlands’ base oils and lube supply lagged demand for a second month in June, trimming the country’s stocks ahead of a seasonal slowdown in regional demand during the third quarter.The country’s base oils and lube supply came to 301,000t in June, up from 281,000t the previous month, government data showed.Base oils and lube demand of 311,000t in June rose from 297,000t in May.The net supply shortfall of 10,000t in June narrowed from 16,000t the previous month.The shortfall still helped to reverse a supply-build at the start of the second quarter.It also coincided with a drop in base oils supply in June in other key markets like UK and Italy..UK’s June base oils supply falls