Asia

Global Base Oils Cargo Flows: Week To 9 January

Iain Pocock

  • Group II shipment from Taiwan heads to Europe

  • Wave of Group III cargoes set to reach US in H1 Jan 2026

  • Several US shipments set to reach Nigeria in H2 Jan 2026

·         Wave of cargoes load from Taiwan since start of January, with a larger share of the shipments consisting of heavy grades.

·         Large cargo from Taiwan heads to India, set to arrive next week.

·         Cargo loads from Taiwan at end-Dec 2025 before heading to Europe, set to arrive in early-Feb 2026.

·         Cargo of Group III base oils loads from Indonesia at end-Dec 2025 before heading to Europe, set to arrive in H1 Feb 2026.

·         Cargo of Group III base oils loads from Indonesia at end-Nov 2025 before heading to Europe, set to arrive in coming days.

·         Cargo loads from South Korea in early-Dec 2025 before heading to US Gulf coast, set to arrive this week.

·         Several cargoes of Group III base oils load from UAE and Bahrain at end-Nov 2025 before heading to US Gulf coast, set to arrive this week.

·         Cargo of Group III base oils loads from UAE in early-Jan 2026 before heading to Brazil, set to arrive in early-Feb 2026.

·         Large cargo of Group III base oils loads from UAE in early-Jan 2026; size of shipment suggests US is likely destination.

·         Large cargo loads from Qatar in late-Dec 2025 before heading to US, set to arrive around mid-Feb 2026.

·         Cargo of Group III base oils loads from Bahrain in H2 Dec 2025 before heading to US, set to arrive around mid-Feb 2026.

·         Cargo of Group III base oils loads from Bahrain in late-Dec 2025 before heading to Europe, set to arrive in early-Feb 2026.

·         Loading of premium-grade base oils cargo from Spain stays lower than usual, extending slowdown into a fourth month.

·         Cargo of Group II base oils loads from Europe in H1 Dec 2025 before heading to Singapore, set to arrive by end-Jan 2026.

·         Cargo loads from US Gulf coast in late-Dec 2025 before heading to Nigeria, set to arrive in H2 Jan 2026.

·         Cargo of Group I base oils loads from US Gulf coast in H2 Dec 2025 before heading to Nigeria, set to arrive in late-Jan 2026.

·         Pause in cargo-loadings from Argentina extends into Jan 2026, after dearth of shipments in Nov-Dec 2025.

Base Oils and Lubricants : Weekly Global Market Review - 9 Jan '26

Singapore’s Base Oils Exports Diverge In Month to 7 January

Global Base Oils Supply Surplus Falls to Six-Month Low in October

Global Base Oils Supply Falls To Five-Month Low in October

Europe’s October Base Oils Supply Surplus Shrinks to 18-Month Low