· Singapore takes delivery of large cargo from Qatar in past week.· Shipment follows slowdown in flows from Qatar to Singapore over past two months.· Cargo of Group II base oils loads from Taiwan in past week before heading to Singapore.· Cargo is rare shipment from Taiwan in Nov 2023, amid ongoing plant maintenance work.· Large cargo loads from South Korea in mid-Nov 2023 before heading to US.· Shipment set to sustain high volumes reaching US from South Korea during Q4 2023.· Cargo from South Korea set to reach Saudi Arabia in 2H Nov 2023.· Large cargo loads from Bahrain at start of this week; destination unclear.· Large cargo of Group III base oils from UAE reaches US Gulf coast in recent days.· Cargo of Europe or Baltic origin set to reach Nigeria at start of this week.· Cargo loads from US in Sep 2023, reaches India in past week.· Cargo loads from US in past week before heading to South Africa.· Shipment adds to wave of supplies from US set to reach South Africa in coming few weeks.· Spain’s premium-grade base oils exports stay relatively low so far in Nov 2023..Global base oils - week of Nov 20: Price outlook - arbitrage
