Europe’s premium-grade base oils imports from the Mideast Gulf fell in April after climbing to a seven-month high in March.Imports from Bahrain and UAE combined fell back to around 7,500t in April, from more than 33,000t the previous month.The drop in shipments repeated a pattern in recent months of higher flows one month followed by a dip in cargoes the next.Imports of 85,000t from the two sources in the first four months of the year was similar to year-earlier levels of 83,420t.Including Qatar, Europe’s imports of 189,000t from the Mideast Gulf in the first four months was up 10pc from 171,310t.The rise in shipments contrasted with weak lube demand in Europe and helped to reverse the region’s tight availability of premium-grade base oils over the past year..Spain’s May Cartagena premium-grade exports fall .Contact us for more information about the data for these stories
Europe’s premium-grade base oils imports from the Mideast Gulf fell in April after climbing to a seven-month high in March.Imports from Bahrain and UAE combined fell back to around 7,500t in April, from more than 33,000t the previous month.The drop in shipments repeated a pattern in recent months of higher flows one month followed by a dip in cargoes the next.Imports of 85,000t from the two sources in the first four months of the year was similar to year-earlier levels of 83,420t.Including Qatar, Europe’s imports of 189,000t from the Mideast Gulf in the first four months was up 10pc from 171,310t.The rise in shipments contrasted with weak lube demand in Europe and helped to reverse the region’s tight availability of premium-grade base oils over the past year..Spain’s May Cartagena premium-grade exports fall .Contact us for more information about the data for these stories
