The delivery of premium-grade base oils from Qatar to key global outlets rose in August for the third time in four months amid a recovery in shipments to Asia and Europe.Those two markets, as well as the US, took delivery of more than 180,000t of base oils from Qatar in August, government and customs data showed.The volume rose from less than 110,000t in July and less than 140,000t in June. Supplies during those two months were lower than usual.Total shipments of close to 1.30mn t in the first eight months of the year were up 6pc from around 1.20mn t during the same period last year.Supplies rose in August on the back of a recovery in shipments to Europe to a one-year high.The rise in shipments followed a pause in flows to Germany the previous month.Hong-Kong also took delivery of unusually large volumes in August and throughout this year.The delivery of shipments to the US held steady in August. The volume remained lower than average monthly supplies last year and during the first four months of this year. .US’ August base oils imports fall.Europe's Grp III imports from Mideast Gulf rise
The delivery of premium-grade base oils from Qatar to key global outlets rose in August for the third time in four months amid a recovery in shipments to Asia and Europe.Those two markets, as well as the US, took delivery of more than 180,000t of base oils from Qatar in August, government and customs data showed.The volume rose from less than 110,000t in July and less than 140,000t in June. Supplies during those two months were lower than usual.Total shipments of close to 1.30mn t in the first eight months of the year were up 6pc from around 1.20mn t during the same period last year.Supplies rose in August on the back of a recovery in shipments to Europe to a one-year high.The rise in shipments followed a pause in flows to Germany the previous month.Hong-Kong also took delivery of unusually large volumes in August and throughout this year.The delivery of shipments to the US held steady in August. The volume remained lower than average monthly supplies last year and during the first four months of this year. .US’ August base oils imports fall.Europe's Grp III imports from Mideast Gulf rise