The delivery of premium-grade base oils from Bahrain to key global markets rose to a fifteen-month high in May on the back of a simultaneous rebound in shipments to Europe and the US.The key global markets of US, Europe and Asia took delivery of more than 44,000t in May, government data showed.The volume was up from 26,000t in April and from close to 24,000 t/month over the past year.Europe took delivery of almost 25,000t from Bahrain in May, up from less than 7,000t the previous month.The US took delivery of almost 18,000t of supplies from Bahrain in May, versus around 14,000t the previous month.Europe and the US are the key outlets for supplies from Bahrain.Monthly shipments over the past year tended to alternate between higher shipments to one of the regions and lower shipments to the other.The trend merged in the month of May, with larger-than-usual volumes moving to both markets..May base oils imports from UAE rise
The delivery of premium-grade base oils from Bahrain to key global markets rose to a fifteen-month high in May on the back of a simultaneous rebound in shipments to Europe and the US.The key global markets of US, Europe and Asia took delivery of more than 44,000t in May, government data showed.The volume was up from 26,000t in April and from close to 24,000 t/month over the past year.Europe took delivery of almost 25,000t from Bahrain in May, up from less than 7,000t the previous month.The US took delivery of almost 18,000t of supplies from Bahrain in May, versus around 14,000t the previous month.Europe and the US are the key outlets for supplies from Bahrain.Monthly shipments over the past year tended to alternate between higher shipments to one of the regions and lower shipments to the other.The trend merged in the month of May, with larger-than-usual volumes moving to both markets..May base oils imports from UAE rise
