Base Oil Prices in Israel
Israeli border, press, and media have the highest level of freedom among the countries of the Middle East. Base oil refers to a type of oil that is used as a primary ingredient in the production of lubricants, such as motor oils, hydraulic fluids, and industrial oils. Despite its limited land and water resources, Israel has made remarkable advancements in agricultural techniques, enabling the country to achieve agricultural self-sufficiency and become a major exporter of agricultural products. Base Oil is one of the most important raw materials for industry and automobiles
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Israel as advanced country in terms of industrial and economic development in the region of West Asia and the Middle East. The use of lubricants can be traced back to ancient civilizations. Israeli products in some markets in the Arab Gulf countries, such as Qatar, the UAE, and Saudi Arabia, maybe imported through Jordan. The production of base oils in the Middle East under international certifications has a production of several million tons per year