KUALA LUMPUR – According to market analysis, continuing shipping constraints in key Middle Eastern transit routes, along with strict global supply quotas, are keeping oil benchmarks above USD 100 per barrel. This prolonged price increase has produced a serious “high oil price dilemma,” immediately boosting virgin raw material costs, thermal energy overhead, and virgin lubricant expenses for refineries, chemical processors, and heavy industrial facilities throughout Southeast Asia. As plant managers face rising input costs, adopting locally recovered, price-stable alternatives, such as Recycled Fuel Oil (RFO) and Re-Refined Base Oil (RRBO) offers a direct commercial solution to protect operating budgets and insulate factory margins from volatile imported petroleum markets.
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(Source: The Star)
