Global lubricant demand has seen some recovery in 2010 after registering a significant decline of 8.4% in 2009 over the previous year. Continue reading
Tag Archives: synthetic lubricants
Demand for Synthetics Surges Amid Lackluster Finished Lubricant Market
Despite an overall decline in the global demand for finished lubricants, the market for synthetics is growing nicely, driven by factors on both the supply and demand side of the equation. As the trend takes shape aroundContinue reading
Can Russia shake its dependence on energy exports?
Russia boasts an abundance of energy reserves, which make up a significant proportion of the country’s total commodity exports. Along with metals and other precious commodities, oil and gas exports are key contributors to the growth of the Russian economy. While energy exports generated rapid economic growth before the recession, Russia paid dearly for this dependence duringContinue reading