Patterns Emerge from the Pandemic
With conferences cancelled, face-to-face meetings no longer possible and international travel near the bottom of everyone’s lists, the base oil scene has changed considerably over the past 6 to 8 months.
It seems like a long time since players in the base oil industry were meeting together and arranging future discussions for buying and selling base oil, forecasting market demand and anticipating developments in various sectors of the global base oil markets.
These times have gone and may never reappear in the same format again. The industry has been forced to react to the current pandemic, which has devastated economies and markets on a global scale.