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Base Oil (BASEOIL COMDTY)
Base Oil (BASEOIL COMDTY)
207
Analysis
Industrials • United States
Base oil is the main component in the production of lubricants including greases, motor oil and processing fluids. They constitute around 90 percent in lubricants. The American Petroleum Institute (API) has categorized base oils into five categories. Group I, II and III are refined from crude.
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