The global oversupply of base stocks was estimated at 50 thousand barrels per day (KBD) as of 2019. Tim Nadasdi, product development advisor, base stocks and specialties, at ExxonMobil Fuels and Lubricants, anticipates that this overhang could reach 100 KBD in the next couple of years. Nadasdi, who began his career at Imperial Oil in […]
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