Kline’s Index of Base Stock Production and Re-refining Cash Margins Indicates Market Turbulence Since 3rd Quarter 2016
Kline’s July 2017 edition of the Base Stock Production and Re-refining Cash Margins Index, which characterizes recent cash margin contributions in the U.S. base oil market, indicates market turbulence since 3rd Quarter 2016. The Index estimates cash margin contributions associated with U.S. Group II base stock production. It simulates EBITDA before the deduction of corporate