· Pick-up in Taiwan’s base oils shipments from H2 June 2024 extends into early July 2024.
· Shipments consist mostly of light grades, with most of the supplies moving to southeast Asia.
· Large cargo loads from Taiwan in late-June 2024, set to reach India this week.
· Singapore takes delivery of more than 6,000-tonne shipment from Saudi Arabia at end-June/early July 2024.
· Shipment is largest from Saudi Arabia to Singapore in more than a year.
· Cargo loads from South Korea in H1 June 2024 before heading to Brazil, set to arrive in H2 July 2024.
· Wave of end-May-loading shipments from South Korea reach US Gulf coast in past and coming week.
· Subsequent shipments from South Korea to US show signs of falling sharply.
· Cargo of Group III base oils loads from Bahrain in early July 2024 before heading to India, set to arrive in coming week.
· Cargo loads from Saudi Arabia in late June 2024 before heading to Egypt, set to arrive this week.
· Cargo loads from Saudi Arabia in H2 June 2024 before heading to South Africa via Suez Canal, set to arrive in H2 July 2024.
· Other recent shipments from Saudi Arabia moved to their destinations via Red Sea.
· Large cargo loads from Saudi Arabia in late June 2024 before heading to India, arrives at start of this week.
· Cargo loads from Saudi Arabia at end-June 2024 before heading to Singapore via Red Sea, set to arrive in H2 July 2024.
· Cargo loads from Qatar at end-June 2024 before heading to India, set to arrive this week.
· Cargo of Group I base oils loads from US east coast in early July 2024 before heading to northwest Europe, set to arrive next week.
· Large cargo loads from US in early June 2024 before discharging some supplies in South Africa, then heads on to India, set to arrive this week.
· Cargo loads from US Gulf coast in H1 June 2024 before heading to Morocco and then Turkey, set to arrive this week.
· Cargo loads from US Gulf coast in early July 2024 before heading to South Africa, set to arrive at beginning of Aug 2024.
· Large cargo loads from US Gulf coast in H2 June 2024 before heading to northwest Europe, set to arrive this week.
· Cargo loads from northwest Europe at end-May before heading to India, set to arrive in coming week.
· Cargo, likely of Russian origin, loads from Black Sea region in early July 2024 before heading to Jordan, set to arrive this week.
· Several cargoes reach or set to reach Nigeria this week, after loading from Egypt and northwest Europe several weeks ago.
