Volume 7 Issue 5

India Auto Sales Drop Amid Weak Demand

Domestic automobile sales in India declined nearly 14 percent year-on-year to 23.1 million units in 2019, according to data from the Society of Indian Automobile Manufacturers.

Pakistans NRL Posts Lower Lube Segment Profit

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I base oils and waxes - plunged 52 percent year-on-year, hurt by weak domestic sales.

Japans Energy Supply to Slide as Efficiency Rises

Japans volume of primary energy supply - oil, natural gas, coal, nuclear and renewable electricity - is projected to decline by 0.4 percent in fiscal year 2020 due in part to continued energy efficiency improvements, according to a recent report from the country's Institute of Energy Economics.

From Other Editions of Lube Report

Briefly Noted

Indonesias state-owned Pertamina Lubricants recently launched its Bangladesh operations. The company has offices in the South Asian country in Dhaka.