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Reply to "GROUP III"

This is about where I left off 11 years ago. Since then, group 2 and 3 world production has increased dramatically.
Since then, the acceptance of light weight engine oils have followed in step.
Somewhere I read in the above thread, that in the last 10 years, most of the R+D has gone into additive tech for the low viscosity group 3s.
I read somewhere else that there could be an oversupply of group 3 base stock on the spot market.
If any of the above is true, then the price of the light weight "synthetic" automotive engine oils should drop in the near future.
Would someone please tell me if anything I just posted is true or not.
I'm 10 years behind the times, and have catching up to do.
Thank you in advance.