As summer drew to a close following the Labor Day weekend, U.S. base oil sources admit that the recent quiet spell has been welcomed.
The month of August afforded most producers the opportunity to rebuild depleted inventories, drained in the preceding several months. Despite these efforts, there are still shortages of a number of neutrals as well as bright stock. Holly remains on 50 percent sales control for bright stock, while other producers also report having no surplus.
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