Kline’s January Index of Base Stock Production and Re-refining Cash Margins Reflects Improved Profitability Driven by Declining Crude Oil Prices
In January, Kline & Company, a worldwide consulting and research firm serving needs of organizations in the lubricants and base stocks industry, introduced its monthly Base Stock Margin Index, a characterization of recent cash margin contributions in the U.S. base oil market over the past 24 months. The Index estimates cash margin contributions associated with