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Why are synthetic oils more expensive than mineral oils?

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Why are synthetic oils more expensive than mineral oils?

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Synthetic oils are more expensive because they are made from special, high performance base stocks and additives that are tailor-made to the application and follow strict blend schedules. Synthetic oils are also manufactured in smaller quantities when compared to conventional lubricants, making them more expensive to produce. Synthetic lubricants are mainly used in applications that are subject to extreme temperatures or where a longer life is required.

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