US base oils exports to Africa fell to an eight-month low in August amid a pause in arbitrage flows to West Africa.Total exports of 54,770bl (7,700t) in August fell from more than 172,000bl the previous month, government data showed.The drop in shipments reflected a steady slowdown in flows to West Africa.Exports to the region fell in August to seven-month low of less than 1,300bl.Shipments of 126,500bl to West Africa in the three months to end-August slowed from more than 515,000bl during the previous three months.The slowdown contrasted with a sustained rise in exports to South Africa.Shipments of more than 458,000bl to South Africa in the first eight months of the year rose by 77pc from less than 260,000bl during the same period last year..US’ August base oils exports fall
US base oils exports to Africa fell to an eight-month low in August amid a pause in arbitrage flows to West Africa.Total exports of 54,770bl (7,700t) in August fell from more than 172,000bl the previous month, government data showed.The drop in shipments reflected a steady slowdown in flows to West Africa.Exports to the region fell in August to seven-month low of less than 1,300bl.Shipments of 126,500bl to West Africa in the three months to end-August slowed from more than 515,000bl during the previous three months.The slowdown contrasted with a sustained rise in exports to South Africa.Shipments of more than 458,000bl to South Africa in the first eight months of the year rose by 77pc from less than 260,000bl during the same period last year..US’ August base oils exports fall
