Europe’s imports of premium-grade base oils from the Mideast Gulf rebounded to a seven-month high in March amid a surge in shipments from Bahrain.Base oils imports from the UAE and Bahrain combined came to more than 33,200t in March, EU government data showed.Imports rose from less than 6,700t the previous month and boosted total supplies to more than 77,500t in the first quarter of the year.The volume more than doubled from less than 35,000t in the fourth quarter of last year and was up from around 65,200t during the first three months of last year.The rise in supplies helped to meet firm demand and boost supply ahead of plant maintenance work in the second quarter of the year.Including Qatar, Europe’s imports of more than 57,930t in March rose to the highest since August 2022..Europe’s Feb Group III supply falls
Europe’s imports of premium-grade base oils from the Mideast Gulf rebounded to a seven-month high in March amid a surge in shipments from Bahrain.Base oils imports from the UAE and Bahrain combined came to more than 33,200t in March, EU government data showed.Imports rose from less than 6,700t the previous month and boosted total supplies to more than 77,500t in the first quarter of the year.The volume more than doubled from less than 35,000t in the fourth quarter of last year and was up from around 65,200t during the first three months of last year.The rise in supplies helped to meet firm demand and boost supply ahead of plant maintenance work in the second quarter of the year.Including Qatar, Europe’s imports of more than 57,930t in March rose to the highest since August 2022..Europe’s Feb Group III supply falls
