The delivery of premium-grade base oils from the UAE to key global outlets fell to a five-month low in July amid a slide in shipments to Europe.The key markets of US, Europe and Asia took delivery of more than 22,000t of premium-grade base oils from the UAE in July, government and customs data showed.The volume fell from around 26,000t the previous month and from typical levels of more than 37,000 t/month over the past year.The delivery of around 235,000t of base oils to those markets in the first seven months of the year fell from more than 304,000t during the same period last year.The slump in flows to Europe in July coincided with a fall in US imports from the UAE for a second month.The Asia-Pacific region was the destination for more than 70pc of all the supplies.Most of the volume bound for that region moved to India..July base oil imports from Qatar fall
The delivery of premium-grade base oils from the UAE to key global outlets fell to a five-month low in July amid a slide in shipments to Europe.The key markets of US, Europe and Asia took delivery of more than 22,000t of premium-grade base oils from the UAE in July, government and customs data showed.The volume fell from around 26,000t the previous month and from typical levels of more than 37,000 t/month over the past year.The delivery of around 235,000t of base oils to those markets in the first seven months of the year fell from more than 304,000t during the same period last year.The slump in flows to Europe in July coincided with a fall in US imports from the UAE for a second month.The Asia-Pacific region was the destination for more than 70pc of all the supplies.Most of the volume bound for that region moved to India..July base oil imports from Qatar fall
