Sustained wave of cargoes from Taiwan keep total exports elevated for second month
Saudi Arabia's cargo loadings continue to recover through H2 January
West Africa remains key outlet for surplus US supplies
· Several more large cargoes of Group II base oils load from Taiwan in late-Jan 2026, boosting, keeping total shipments unusually high for a second month.
· Large cargo loaded last week from Taiwan bound for India, set to arrive in H2 Feb 2026.
· Singapore takes delivery of unusually large cargo from Netherlands in past week, even with healthy regional availability of supply.
· Large cargo set to load from South Korea in early-Feb 2026; size of shipment suggests US is likely destination.
· Cargo-loadings from South Korea to US stay low in Jan 2026 for second month.
· Large cargo set to load from Saudi Arabia at end-Jan 2026; size of shipment suggests UAE or India is likely destination.
· Cargo adds to clear pick-up in shipments from around mid-Jan 2026.
· Cargo loads from Qatar in H2 Jan 2026 before heading to India, arrives in recent days.
· Enquiry for vessel to load cargo of Group III base oils from UAE around mid-Feb 2026 before heading to India.
· Large cargo of Group III base oils set to load from UAE around mid-Feb 2026; size of shipment suggests US is likely destination.
· Cargo of Group III base oils loads from UAE in H1 Dec 2025 before heading to Europe , set to arrive in early-Feb 2026.
· Cargo of Group III base oils loads from Bahrain in late-Jan 2026; size of shipment suggests Europe is likely destination.
· Enquiry for vessel to load cargo from US Gulf coast around mid-Feb 2026 before heading to West Africa.