

Shipments of Group II heavy grades from Taiwan rise in Dec 2025
Premium-grade shipments from Spain stay lower than usual
Wave of US cargoes set to reach Brazil in H2 Dec 2025
· Several more cargoes of Group II base oils load from Taiwan in past week before mostly heading to southeast Asia.
· Shipments add to surge in Group II exports from Taiwan so far in Dec 2025.
· Larger share of the volume consists of heavy grades.
· Large cargo loads from Taiwan in early-Dec 2025 before heading to India, set to arrive in coming days.
· Cargo of Group III base oils loads from UAE in recent days; size of shipment suggests UAE or India is the likely destination.
· Cargo-loadings from Saudi Arabia pause so far in Dec 2025, amid ongoing plant-maintenance work.
· Several small cargoes of premium-grade base oils load from Spain in early-Dec 2025 before heading to outlets in Mediterranean region.
· Flow of shipments from Spain in past month stays much lower than the previous month.
· Unusual cargo loads from Turkey in H2 Nov 2025 before heading to India, arrives in recent days.
· Cargo of Group I base oils loads from US in past week, with final destination unclear.
· Large cargo of Group II base oils loads from US Gulf coast in early-Dec 2025 before heading to Europe, set to arrive by end of next week.
· Wave of cargoes load from US Gulf coast in H2 Nov 2025 before heading to Brazil, set to arrive throughout H2 Dec 2025.
· Cargo loads from US Gulf coast in H1 Nov 2025 before heading to India, set to arrive in coming week.
· Enquiry for vessel to load large cargo from US Gulf coast around mid-Dec 2025 before heading to West Africa.