Apart from a some obvious losers, falling oil prices are good news overall for the global economy and a win for consumers. Global growth is based on shaky foundations, but the US is looking positive.
China's 2014 GDP figures may be off target, but automotive and lubes producers remain bullish about the years ahead.
The outcomes of the APEC Summit include a new emissions alliance with the US. But will this hit China's manufacturing output including regional and national lubes producers?
As oil prices and sanctions continue to bite in various parts of the world, Sebastian Crawshaw ponders what next for the US, Europe and Russia, as well as the global lubricants industry.
Is China hitting an economic crisis and will the automotive and lubricants industries follow suit? OATS also appeals to the lubricants industry to help give aid towards the Ebola crisis.
OATS launches a dynamic new data platform - earlFUSION; the Eurozone could slide back into recession; Russian sanctions bite on automotive industry and the spread of Ebola virus could take a massive toll.
A slowing global economy could impact on a lubes industry also under pressure from the drive for fuel consumption and emissions reduction, while developing nations have mixed results in the battle for lubes production self-sufficiency.
Chinese lubricants producers feel the pressure and up their game as automakers face steep fines from Chinese authorities on parts price fixing.
The marine lubricants sector is facing the same challenges as their land-based counterparts in helping OEMs meet emissions legislation. Meanwhile there is good news for the additives sector.
China's internet boom has had a positive influence on lubes consumers but is challenging the logistics sector, in particular the truck fleet. Good news for national and overseas lubes producers.