The UK’s base oils supply fell to a four-month low in June amid a slump in domestic output.Total supply, or domestic output and imports combined, fell to less than 47,000t in June, government data showed.The volume fell from a thirty-one month high of more than 77,000t the previous month.Supply fell amid a slump in domestic base oils output to a fifteen-month low of 8,600t.Output had averaged more than 25,000 t/month over the previous twelve months.The lower volume cut base oils’ share of the UK’s refined products output to 0.2pc of the total in June. The share fell from more than 0.8pc in April and in May.Higher-than-usual base oils imports in June cushioned the drop in supply.Imports got a boost from a surge in shipments from the Netherlands to a forty-three-month high..UK’s June base oils exports surge
The UK’s base oils supply fell to a four-month low in June amid a slump in domestic output.Total supply, or domestic output and imports combined, fell to less than 47,000t in June, government data showed.The volume fell from a thirty-one month high of more than 77,000t the previous month.Supply fell amid a slump in domestic base oils output to a fifteen-month low of 8,600t.Output had averaged more than 25,000 t/month over the previous twelve months.The lower volume cut base oils’ share of the UK’s refined products output to 0.2pc of the total in June. The share fell from more than 0.8pc in April and in May.Higher-than-usual base oils imports in June cushioned the drop in supply.Imports got a boost from a surge in shipments from the Netherlands to a forty-three-month high..UK’s June base oils exports surge