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August 14, 2018

Volume 2 Issue 20

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Lube Report EMEA is the free weekly e-newsletter; featuring regional breaking news, base oil prices and shipping reports.

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Falling Nigerian Base Oil Prices Buck Trend

In most markets, base oil prices have risen significantly in the past two years, but in Nigeria, they have headed in the opposite direction. Local lubricant blenders say its because of a surge in the number of players importing to the country.