· Taiwan’s base oils cargo-loadings slow down over past week after surge in shipments in H1 Oct 2024.· Singapore takes delivery of more shipments from Italy and Netherlands in past week.· Singapore takes delivery of large cargo from Russia in past week.· Cargo from Russia is second since H2 Aug 2024 and third this year.· Large cargo set to load from South Korea this week, and another in early Nov 2024.· Size of cargoes suggests shipments likely bound for US.· Shipments would be second and third large cargo from South Korea to US since early Oct 2024.· Large cargo loads from Saudi Arabia in early Oct 2024, set to reach India this week.· Cargo loads from Saudi Arabia in past week before heading to India, set to arrive by end-Oct 2024.· Several cargoes of Group III base oils load from Bahrain in H2 Sept 2024, set to reach Europe in H1 Nov 2024.· Cargo of premium-grade base oils loads from Spain in H1 Oct 2024 before heading to northwest Europe, arrives at start of this week.· Cargo loads from northwest Europe in past week before heading to Singapore, set to arrive around mid-Nov 2024.· Cargo loads from northwest Europe at end-Aug 2024, set to reach India this week.· Cargo, likely of Group I base oils, loads from US east coast at start of this week; destination unclear.· Recent shipments from US east coast moved to Europe and West Africa.· Several cargoes load from US in early Sept 2024 before heading to India, arriving in recent days and in coming week..Global base oils margins outlook: Week of 21 Oct.Global base oils arb outlook: Week of 21 Oct .Global base oils demand outlook: Week of 21 Oct.Asia base oils demand outlook: Week of 21 Oct
· Taiwan’s base oils cargo-loadings slow down over past week after surge in shipments in H1 Oct 2024.· Singapore takes delivery of more shipments from Italy and Netherlands in past week.· Singapore takes delivery of large cargo from Russia in past week.· Cargo from Russia is second since H2 Aug 2024 and third this year.· Large cargo set to load from South Korea this week, and another in early Nov 2024.· Size of cargoes suggests shipments likely bound for US.· Shipments would be second and third large cargo from South Korea to US since early Oct 2024.· Large cargo loads from Saudi Arabia in early Oct 2024, set to reach India this week.· Cargo loads from Saudi Arabia in past week before heading to India, set to arrive by end-Oct 2024.· Several cargoes of Group III base oils load from Bahrain in H2 Sept 2024, set to reach Europe in H1 Nov 2024.· Cargo of premium-grade base oils loads from Spain in H1 Oct 2024 before heading to northwest Europe, arrives at start of this week.· Cargo loads from northwest Europe in past week before heading to Singapore, set to arrive around mid-Nov 2024.· Cargo loads from northwest Europe at end-Aug 2024, set to reach India this week.· Cargo, likely of Group I base oils, loads from US east coast at start of this week; destination unclear.· Recent shipments from US east coast moved to Europe and West Africa.· Several cargoes load from US in early Sept 2024 before heading to India, arriving in recent days and in coming week..Global base oils margins outlook: Week of 21 Oct.Global base oils arb outlook: Week of 21 Oct .Global base oils demand outlook: Week of 21 Oct.Asia base oils demand outlook: Week of 21 Oct