· Larger-than-usual cargo loads combination of light and heavy-grade Group II base oils from Taiwan at start of this week.· Size of shipment suggests it is bound for southeast Asia or India.· Singapore takes delivery in past week of unusually large cargo from Italy.· Cargo, likely including some Group II base oils, loads from South Korea around mid-Sept 2024 before heading to US Gulf coast, set to arrive at end-Oct 2024.· Cargo loads from Qatar and UAE in H1 Sept 2024 before heading to India, arrives in past week.· Cargo of Group III base oils loads from UAE around mid-Sept 2024 before heading to India, set to arrive by end-Sept 2024.· Cargo of Group III base oils loads from Bahrain in mid-Sept 2024 before heading to Europe, set to arrive in H1 Oct 2024.· Large cargo loads from Saudi Arabia in early Sept 2024 before heading to India, arrives in past week.· Another cargo loads from Saudi Arabia in H2 Sept 2024 before heading to India, set to arrive by month-end.· Cargo loads from Saudi Arabia in mid-Sept 2024 before heading to Egypt, set to arrive this week.· Large cargo loads from northwest Europe in mid-Sept 2024 before heading to South Africa, set to arrive around mid-Oct 2024.· Cargo loads from Greece in past week before heading to Egypt, set to arrive by end-Sept 2024.· Cargo loads from US Gulf coast in H1 Aug 2024, reaches South Africa in past week before heading to Kenya, set to arrive this week.· Shipment to Kenya likely to be larger than usual, following large shipment at start of 2024.· Before 2024, US shipments to Kenya were infrequent and small.· Cargo then set to head to India, with arrival scheduled around end-Sept 2024.· Cargo loads from US east coast in recent days before heading to northwest Europe, set to arrive in early Oct 2024..Global base oils margins outlook: Week of 23 Sept.Global base oils arb outlook: Week of 23 Sept.Global base oils demand outlook: Week of 23 Sept.Asia base oils supply outlook: Week of 23 Sept
· Larger-than-usual cargo loads combination of light and heavy-grade Group II base oils from Taiwan at start of this week.· Size of shipment suggests it is bound for southeast Asia or India.· Singapore takes delivery in past week of unusually large cargo from Italy.· Cargo, likely including some Group II base oils, loads from South Korea around mid-Sept 2024 before heading to US Gulf coast, set to arrive at end-Oct 2024.· Cargo loads from Qatar and UAE in H1 Sept 2024 before heading to India, arrives in past week.· Cargo of Group III base oils loads from UAE around mid-Sept 2024 before heading to India, set to arrive by end-Sept 2024.· Cargo of Group III base oils loads from Bahrain in mid-Sept 2024 before heading to Europe, set to arrive in H1 Oct 2024.· Large cargo loads from Saudi Arabia in early Sept 2024 before heading to India, arrives in past week.· Another cargo loads from Saudi Arabia in H2 Sept 2024 before heading to India, set to arrive by month-end.· Cargo loads from Saudi Arabia in mid-Sept 2024 before heading to Egypt, set to arrive this week.· Large cargo loads from northwest Europe in mid-Sept 2024 before heading to South Africa, set to arrive around mid-Oct 2024.· Cargo loads from Greece in past week before heading to Egypt, set to arrive by end-Sept 2024.· Cargo loads from US Gulf coast in H1 Aug 2024, reaches South Africa in past week before heading to Kenya, set to arrive this week.· Shipment to Kenya likely to be larger than usual, following large shipment at start of 2024.· Before 2024, US shipments to Kenya were infrequent and small.· Cargo then set to head to India, with arrival scheduled around end-Sept 2024.· Cargo loads from US east coast in recent days before heading to northwest Europe, set to arrive in early Oct 2024..Global base oils margins outlook: Week of 23 Sept.Global base oils arb outlook: Week of 23 Sept.Global base oils demand outlook: Week of 23 Sept.Asia base oils supply outlook: Week of 23 Sept
