· Regular flow of Group II cargoes continue to load from Taiwan so far in Jan 2025, mostly bound for SE Asia and India.· Cargo with combination of light and heavy-grade Group II base oils loads from Taiwan in early-Jan 2025, set to reach India this week.· Singapore takes delivery in past week of cargo originating from UK.· Cargo adds to swathe of recent shipments from Europe in recent weeks.· Another cargo loads from northwest Europe in H1 Jan 2025 before heading to southeast Asia, set to arrive in H2 Feb 2025.· Singapore takes delivery in past week of another large shipment from Qatar.· Surge in shipments from Qatar in H1 Jan 2025 contrasts with sharp slowdown in supplies from the island-state in Q4 2024.· Cargo loads from South Korea in H1 Dec 2024, set to reach Brazil in coming week.· Shipment picked up additional cargo from Malaysia enroute to Brazil.· Cargo loadings from South Korea to US slow in recent weeks.· Slowdown raises prospect of fall in shipments reaching US in Feb 2025, after pick-up in cargoes reaching US in Jan 2025.· Cargo of Group III base oils loads from UAE in H1 Dec 2024 before heading to US Gulf coast, set to arrive this week.· Cargo includes supplies from Bahrain.· Cargo loadings from Saudi Arabia stay lower than usual so far in Jan 2025.· Cargo loads from US Gulf coast in late-Dec 2024 before heading to northwest Europe, set to arrive this week.· Cargo loads from northwest Europe in H2 Dec 2024 before heading to Nigeria, expected to arrive this week..Global base oils margins outlook: Week of 20 Jan.Global base oils arb outlook: Week of 20 Jan.Asia base oils supply outlook: Week of 20 Jan
· Regular flow of Group II cargoes continue to load from Taiwan so far in Jan 2025, mostly bound for SE Asia and India.· Cargo with combination of light and heavy-grade Group II base oils loads from Taiwan in early-Jan 2025, set to reach India this week.· Singapore takes delivery in past week of cargo originating from UK.· Cargo adds to swathe of recent shipments from Europe in recent weeks.· Another cargo loads from northwest Europe in H1 Jan 2025 before heading to southeast Asia, set to arrive in H2 Feb 2025.· Singapore takes delivery in past week of another large shipment from Qatar.· Surge in shipments from Qatar in H1 Jan 2025 contrasts with sharp slowdown in supplies from the island-state in Q4 2024.· Cargo loads from South Korea in H1 Dec 2024, set to reach Brazil in coming week.· Shipment picked up additional cargo from Malaysia enroute to Brazil.· Cargo loadings from South Korea to US slow in recent weeks.· Slowdown raises prospect of fall in shipments reaching US in Feb 2025, after pick-up in cargoes reaching US in Jan 2025.· Cargo of Group III base oils loads from UAE in H1 Dec 2024 before heading to US Gulf coast, set to arrive this week.· Cargo includes supplies from Bahrain.· Cargo loadings from Saudi Arabia stay lower than usual so far in Jan 2025.· Cargo loads from US Gulf coast in late-Dec 2024 before heading to northwest Europe, set to arrive this week.· Cargo loads from northwest Europe in H2 Dec 2024 before heading to Nigeria, expected to arrive this week..Global base oils margins outlook: Week of 20 Jan.Global base oils arb outlook: Week of 20 Jan.Asia base oils supply outlook: Week of 20 Jan
