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September 17, 2019

Volume 2 Issue 47

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Motor Oil Demand Rising in Russia

A market research firm projects Russia’s motor oil demand to grow at a compound annual rate of 1.6 percent from 811,000 tons in the July 2017 to July 2018 period to almost 878,000 tons by the July 2022 to July 2023 period, boosted by increased demand for passenger cars and buses.