· Several Group II cargoes load from Taiwan in past week, mostly bound for China.· Volume of shipments lags July 2024 levels, although more supplies are moving to China.· Large cargo loads from South Korea in H2 July 2024 before heading to US Gulf coast, set to arrive in coming week.· Cargo loads from South Korea in early July 2024 before heading to US east coast, set to arrive by end-Aug 2024.· Cargo loads from South Korea in late July 2024 before heading to UAE via India, set to arrive in coming week.· Cargo loads from South Korea in H2 July 2024 before heading to Brazil, set to arrive in early Sep 2024.· Cargo of Group III base oils loads from Bahrain in H1 Aug 2024 before heading to India, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in early-July 2024 before heading to northwest Europe, set to arrive this week.· Cargo of Group III base oils loads from Bahrain in late-Jun 2024 before heading to northwest Europe, set to arrive this week.· Cargo of Group III base oils loads from UAE in H2 July 2024 before heading to northwest Europe via Suez Canal, set to arrive this week.· Cargo of Group III base oils loads from southeast Asia in early-July 2024 before heading to northwest Europe, set to arrive by end-Aug 2024.· Several cargoes load from Saudi Arabia in H1 Aug 2024 before moving to UAE, set to arrive this week.· Several cargoes load from Saudi Arabia in H2 July 2024 before heading to South Africa, set to arrive by end-Aug 2024.· Cargo loads from Saudi Arabia in H2 July 2024 before heading to US Gulf coast, arrives this week.· Cargo loads from Saudi Arabia in early Aug 2024 before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in recent days before heading to India, set to arrive at end-Aug 2024.· Cargo of Group I base oils loads from Europe at end-July 2024 before heading to Singapore, set to arrive in mid-Sep 2024.· Cargo loads from northwest Europe in early-Aug 2024 before heading to South Africa, set to arrive in early Sep 2024.· Cargo loads from Baltic region in H2 July 2024 before heading to Nigeria, set to arrive this week.· Several cargoes load from Europe in recent weeks before heading to Nigeria, set to arrive by end-Aug 2024.· Cargo of Group I base oils loads from US east coast in mid-Aug 2024 before heading to Nigeria, set to arrive in early-Sep 2024.· Cargo loads from US Gulf coast in mid-Aug 2024 before heading towards South Africa, set to arrive around mid-Sep 2024.· Size of cargo suggests portion of shipment likely bound for other markets beyond South Africa..Global base oils margins outlook: Week of 19 Aug.Global base oils arb outlook: Week of 19 Aug.Global base oils demand outlook: Week of 19 Aug.Asia base oils demand outlook: Week of 19 Aug
· Several Group II cargoes load from Taiwan in past week, mostly bound for China.· Volume of shipments lags July 2024 levels, although more supplies are moving to China.· Large cargo loads from South Korea in H2 July 2024 before heading to US Gulf coast, set to arrive in coming week.· Cargo loads from South Korea in early July 2024 before heading to US east coast, set to arrive by end-Aug 2024.· Cargo loads from South Korea in late July 2024 before heading to UAE via India, set to arrive in coming week.· Cargo loads from South Korea in H2 July 2024 before heading to Brazil, set to arrive in early Sep 2024.· Cargo of Group III base oils loads from Bahrain in H1 Aug 2024 before heading to India, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in early-July 2024 before heading to northwest Europe, set to arrive this week.· Cargo of Group III base oils loads from Bahrain in late-Jun 2024 before heading to northwest Europe, set to arrive this week.· Cargo of Group III base oils loads from UAE in H2 July 2024 before heading to northwest Europe via Suez Canal, set to arrive this week.· Cargo of Group III base oils loads from southeast Asia in early-July 2024 before heading to northwest Europe, set to arrive by end-Aug 2024.· Several cargoes load from Saudi Arabia in H1 Aug 2024 before moving to UAE, set to arrive this week.· Several cargoes load from Saudi Arabia in H2 July 2024 before heading to South Africa, set to arrive by end-Aug 2024.· Cargo loads from Saudi Arabia in H2 July 2024 before heading to US Gulf coast, arrives this week.· Cargo loads from Saudi Arabia in early Aug 2024 before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in recent days before heading to India, set to arrive at end-Aug 2024.· Cargo of Group I base oils loads from Europe at end-July 2024 before heading to Singapore, set to arrive in mid-Sep 2024.· Cargo loads from northwest Europe in early-Aug 2024 before heading to South Africa, set to arrive in early Sep 2024.· Cargo loads from Baltic region in H2 July 2024 before heading to Nigeria, set to arrive this week.· Several cargoes load from Europe in recent weeks before heading to Nigeria, set to arrive by end-Aug 2024.· Cargo of Group I base oils loads from US east coast in mid-Aug 2024 before heading to Nigeria, set to arrive in early-Sep 2024.· Cargo loads from US Gulf coast in mid-Aug 2024 before heading towards South Africa, set to arrive around mid-Sep 2024.· Size of cargo suggests portion of shipment likely bound for other markets beyond South Africa..Global base oils margins outlook: Week of 19 Aug.Global base oils arb outlook: Week of 19 Aug.Global base oils demand outlook: Week of 19 Aug.Asia base oils demand outlook: Week of 19 Aug
