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Commodities

Carmakers seek fix for motor oil shortage

The Financial Times reported that the world's largest carmakers are trying to avert a motor oil crisis caused by a shortage of Group III base oils. Automakers are turning to new blends as the supply squeeze hits the inputs used in modern engine lubricants, according to FT Markets and FT Companies feeds.

Why it matters

A lubricant shortage can ripple through manufacturing, maintenance costs and supply planning even without a headline oil-price shock.

Sources

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