· Several more cargoes of Group II base oils load from Taiwan in past week bound for various outlets in northeast and southeast Asia.· Heavy-grade base oils account for more than half of Taiwan’s export volume so far in April 2025.· Cargo loadings from South Korea to US stay low over past month.· Slowdown in cargo loadings raises prospect of slowdown in shipments from South Korea reaching US Gulf coast over coming month vs previous month.· Cargo loads from Saudi Arabia early this week, with destination unclear.· Size of shipment suggests it is likely bound for India.· Cargo loads from Saudi Arabia at end-March 2025 before heading to India, set to arrive at start of this week.· Cargo loads from Saudi Arabia in mid-March 2025 before heading to US Gulf coast, set to arrive in coming week.· Cargo-loadings volume from Saudi Arabia rises strongly from end-March 2025, following slowdown in shipments during previous two months.· Cargo of Group III base oils loads from Qatar in H1 Feb 2025, set to reach Germany this week.· Cargo of Group III base oils loads from UAE in early-March 2025 before heading to US Gulf coast, set to arrive this week.· Cargo of Group III base oils loads from UAE early this week, with destination unclear.· Size of shipment suggests it is likely bound for US.· Cargo of Group III base oils loads from Bahrain in recent days before heading to India, set to arrive in coming week.· Several cargoes load from northwest Europe at end-March 2025 and early-April 2025 before heading to Nigeria, set to arrive in H2 April 2025.· Cargo loads from US Gulf coast in H2 March 2025 before heading to Nigeria, arrives in recent days.· Cargo loads from US Gulf coast around mid-March 2025 before heading to Nigeria, arrives in recent days.· Cargo of Group I base oils loads from US in past week before heading to Europe, set to arrive next week..Global base oils margins outlook: Week of 14 April.Global base oils arb outlook: Week of 14 April.Asia base oils supply outlook: Week of 14 April
· Several more cargoes of Group II base oils load from Taiwan in past week bound for various outlets in northeast and southeast Asia.· Heavy-grade base oils account for more than half of Taiwan’s export volume so far in April 2025.· Cargo loadings from South Korea to US stay low over past month.· Slowdown in cargo loadings raises prospect of slowdown in shipments from South Korea reaching US Gulf coast over coming month vs previous month.· Cargo loads from Saudi Arabia early this week, with destination unclear.· Size of shipment suggests it is likely bound for India.· Cargo loads from Saudi Arabia at end-March 2025 before heading to India, set to arrive at start of this week.· Cargo loads from Saudi Arabia in mid-March 2025 before heading to US Gulf coast, set to arrive in coming week.· Cargo-loadings volume from Saudi Arabia rises strongly from end-March 2025, following slowdown in shipments during previous two months.· Cargo of Group III base oils loads from Qatar in H1 Feb 2025, set to reach Germany this week.· Cargo of Group III base oils loads from UAE in early-March 2025 before heading to US Gulf coast, set to arrive this week.· Cargo of Group III base oils loads from UAE early this week, with destination unclear.· Size of shipment suggests it is likely bound for US.· Cargo of Group III base oils loads from Bahrain in recent days before heading to India, set to arrive in coming week.· Several cargoes load from northwest Europe at end-March 2025 and early-April 2025 before heading to Nigeria, set to arrive in H2 April 2025.· Cargo loads from US Gulf coast in H2 March 2025 before heading to Nigeria, arrives in recent days.· Cargo loads from US Gulf coast around mid-March 2025 before heading to Nigeria, arrives in recent days.· Cargo of Group I base oils loads from US in past week before heading to Europe, set to arrive next week..Global base oils margins outlook: Week of 14 April.Global base oils arb outlook: Week of 14 April.Asia base oils supply outlook: Week of 14 April
