·         Group II cargo-loadings from Taiwan show signs of slowing in Nov 2025 vs Oct 2025, with larger-than-usual share of shipments moving to China.

·         Large cargo loads from Singapore in past week before heading to US.

·         Any cargoes from Singapore to US have been rare in recent years.

·         Cargo is largest shipment to US in more than five years.

·         Large cargo of Group III base oils loads from UAE at end-Nov 2025; size of shipment suggests US is likely destination.

·         Large cargo of Group III base oils loads from UAE in H2 Oct 2025 before heading to US Gulf coast, set to arrive next week.

·         Cargo of Group III base oils from UAE set to reach India in coming days.

·         Cargo of Group III base oils loads from Bahrain in H2 Oct 2025 before heading to US Gulf coast, set to arrive next week.

·         Cargo of Group III base oils loads from Bahrain in H2 Oct 2025 before heading to Europe, arrives in recent days.

·         Group III cargo-loadings from Bahrain/UAE to Europe show signs of slowing in Nov 2025.

·         Cargo loads from Saudi Arabia in H1 Nov 2025 before heading to northwest Europe, set to arrive in coming week.

·         Loadings of premium-grade base oil cargoes from Spain show signs of staying lower than usual in Nov 2025 for second month.

·         Cargo loads from northwest Europe at end-Sept 2025 before heading to India, arrives in recent days.

·         Cargo from Greece reaches India in recent days.

·         Cargo moves to India via Red Sea rather than via South Africa.

·         Cargo loads from northwest Europe in H1 Nov 2025 before heading to South Africa, set to arrive in coming week.

·         Cargo loads from US Gulf coast in H1 Oct 2025 before heading to India, set to arrive in coming week.

·         Cargo of Group I base oils loads from US around mid-Oct 2025 before heading to Middle East, set to arrive in early-Dec 2025.

·         Cargo volumes from US to Brazil show signs of holding firm in Nov 2025, even if down from higher-than-usual levels in Oct 2025.