Global Base Oils Cargo Flows: Week To 6 March

Published on:

06 Mar 2026, 12:17 pm

Summary

Middle East cargoes set to boost US Group III arrivals in March to above-typical levels, before a slowdown in April
Large South Korea cargo bound for the US gains importance amid slowdown in Middle East flows
Cargo loaded from Saudi Arabia at end-February bound for the UAE, likely to face arrival delays

Asia

· Group II cargo with a combination of light and heavy grades set to load from Taiwan in coming days following a slowdown in flows in early March.

· Taiwan's February cargo loadings fell sharply from January, pointing to a drop in total exports last month to the lowest in around a year.

Also Read

Global Group III Imports From Middle East Hit Multi-Year High

· Middle East cargoes set to lift US Group III shipment arrivals in March to above-typical levels.

· Slowdown in US-bound shipments from the Middle East since the last week of February is set to trigger a fall in arrivals in April.

· Cargo of Group III base oils loaded from Bahrain in first-half January bound for Europe, arriving in recent days.

· Cargo loaded from Saudi Arabia at end-February bound for the UAE, set to arrive by mid-March, though delays are likely.

Europe

· Cargo of premium-grade base oils loaded from Spain around mid-February bound for the US Gulf coast, arriving in recent days.

· Cargo of very-light grade base oils loaded from Spain in early March, likely bound for India, with arrival around mid-April.

· Cargo of premium-grade base oils loaded from Spain in late February bound for northwest Europe, set to arrive by the end of this week.

Americas

· Cargo loaded from US Gulf coast in early March bound for South Africa, set to arrive at end-March. The cargo size suggests onward shipment to markets such as India or Pakistan.

· Cargo loaded from US Gulf coast in early February bound for India, set to arrive by mid-March.

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