Italian oil is no longer sold: warehouses are full, prices have collapsed and companies are at risk
Italian oil inventories are backing up and sales have stalled, indicating a significant disruption in crude/oil product marketing and storage flows.
Source →The trace
How it reaches your house.
Starting from Lubricants and motor oil, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Lubricants and motor oil →Prices easeIf lubricants and motor oil sales stall and inventories build, demand pull for critical base oils eases, putting downward pressure on base-oil prices.
64% confidenceLubricants and motor oil →Prices easeCollapsed finished-product sales would also reduce consumption of additive packages, which are a critical upstream input, so their realized prices should soften.
60% confidenceHop 2
Base oils (Group II/III) →Prices ease