· Singapore loads rare cargo bound for Nigeria in past week.· Singapore shipment to Nigeria adds to pick-up in cargoes to the country from unusual sources in recent weeks.· Last such large cargo from Singapore bound for Nigeria was in 2019.· Taiwan’s base oils exports slow sharply in 2H Sep 2023 from 1H Sep.· Taiwan’s 2H Sep 2023 base oils exports to China slump.· Cargo of Group II base oils loads from Taiwan at end-Sep 2023 before heading to India.· US sees surge in shipments from South Korea reaching country in September, following slump in August.· Large cargo loads from Saudi Arabia in early October, set to reach India next week.· Cargo of Group I bright stock from Saudi Arabia set to reach India at start of this week.· Cargo from Saudi Arabia set to reach northwest Europe early this week.· Cargo of Group I/II base oils loads from Saudi Arabia in late Sep 2023 before heading to South Africa, set to arrive next week.· Cargo loadings from Saudi Arabia fall in September following surge in August, still hold firm.· Cargo of Group III base oils loads from Bahrain in 1H Sep 2023, set to reach northwest Europe in 2H Oct 2023.· Another cargo from Bahrain set to reach northwest Europe in coming week.· Cargo loads from US in late-Sep 2023 before heading to West Africa, set to arrive in October.· Separate cargo from US loads in 2H Sep 2023 before heading to Turkey, set to arrive by mid-Oct 2023.· Cargo of very light grades from Spain set to reach India in coming week..Global base oils - week of Oct 2: Price outlook - arbitrage
· Singapore loads rare cargo bound for Nigeria in past week.· Singapore shipment to Nigeria adds to pick-up in cargoes to the country from unusual sources in recent weeks.· Last such large cargo from Singapore bound for Nigeria was in 2019.· Taiwan’s base oils exports slow sharply in 2H Sep 2023 from 1H Sep.· Taiwan’s 2H Sep 2023 base oils exports to China slump.· Cargo of Group II base oils loads from Taiwan at end-Sep 2023 before heading to India.· US sees surge in shipments from South Korea reaching country in September, following slump in August.· Large cargo loads from Saudi Arabia in early October, set to reach India next week.· Cargo of Group I bright stock from Saudi Arabia set to reach India at start of this week.· Cargo from Saudi Arabia set to reach northwest Europe early this week.· Cargo of Group I/II base oils loads from Saudi Arabia in late Sep 2023 before heading to South Africa, set to arrive next week.· Cargo loadings from Saudi Arabia fall in September following surge in August, still hold firm.· Cargo of Group III base oils loads from Bahrain in 1H Sep 2023, set to reach northwest Europe in 2H Oct 2023.· Another cargo from Bahrain set to reach northwest Europe in coming week.· Cargo loads from US in late-Sep 2023 before heading to West Africa, set to arrive in October.· Separate cargo from US loads in 2H Sep 2023 before heading to Turkey, set to arrive by mid-Oct 2023.· Cargo of very light grades from Spain set to reach India in coming week..Global base oils - week of Oct 2: Price outlook - arbitrage