Tag: base oil

IEA Scenarios highlight challenges for oil producers

International Energy Agency models show long-term global decline in oil use, but increase in petrochemical opportunities. Refiners will need to integrate more closely with end-producers.

Global Base Oil market 2015-2020

The Global Base Oil market will be worth US$30.9 bn by 2020, donw $3,6bn from 2014, according to Transparency Market Research.