SINGAPORE (ICIS)--The base oils market in UAE is likely to see an uptick in demand in Q4, with the impact of escalating tensions in the region on crude prices and Group I supply from Iran closely monitored in the weeks ahead.
- Impact of regional conflict on spot Group I supply from Iran to emerge
- Group II export offers from the US awaited, to offer clearer near-term market direction
- Persistent crude volatility may temper base oils uptake
- Currency woes in Africa may undermine finished lube exports
In this chemical podcast, ICIS editor Damini Dabholkar and senior editor manager Veena Pathare discuss recent market conditions with an outlook ahead in UAE.
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