Impact of Crude Oil Prices on Base Oil Market Trends

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2025-08-08 12:53:15 -

The base oil market is undergoing a transformation as industries adapt to evolving performance requirements and environmental standards. Traditionally, Group I base oils dominated the market due to their cost-effectiveness. However, their lower performance levels compared to Group II, III, and synthetic base oils have led to a gradual decline in demand. Today, lubricant manufacturers are...

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