· Taiwan’s base oils shipments surge over past week, with most of the cargoes bound for southeast Asia.· Volume of shipments from Taiwan to China still rises in Aug 2024 from previous month.· Singapore takes delivery of large shipments from US, Netherlands and UK over past week.· Unusual shipments add to regional supply.· Cargo loads from South Korea in H1 Aug 2024 before heading to UAE, set to arrive in early-Sept 2024.· Cargo loads from South Korea in H2 July 2024 before heading to US Gulf coast, set to arrive this week.· Cargo loads from South Korea in H2 July 2024 before heading to Brazil, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in H2 Aug 2024 before heading to Europe via southern Africa, set to arrive in late-Sept 2024.· Cargo loads from Saudi Arabia in past week, scheduled to reach India in early Sept 2024.· Cargo loads from Saudi Arabia in H1 Aug 2024 before moving to India, arrives in past week.· Cargo loads from Saudi Arabia in early-Aug 2024 before heading to Singapore via Red Sea, set to arrive in coming week.· Cargo loads from Saudi Arabia at end-July 2024, set to reach South Africa in coming week.· Cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe, set to arrive by end-Aug 2024.· Cargo of premium-grade base oils loads from Spain in past week, likely bound for India.· Several large cargoes load from US Gulf coast in H2 Aug 2024 before heading to northwest Europe, set to arrive in H1 Sept 2024..Global base oils margins outlook: Week of 26 Aug.Global base oils arb outlook: Week of 26 Aug.Global base oils demand outlook: Week of 26 Aug.Asia base oils supply outlook: Week of 26 Aug
· Taiwan’s base oils shipments surge over past week, with most of the cargoes bound for southeast Asia.· Volume of shipments from Taiwan to China still rises in Aug 2024 from previous month.· Singapore takes delivery of large shipments from US, Netherlands and UK over past week.· Unusual shipments add to regional supply.· Cargo loads from South Korea in H1 Aug 2024 before heading to UAE, set to arrive in early-Sept 2024.· Cargo loads from South Korea in H2 July 2024 before heading to US Gulf coast, set to arrive this week.· Cargo loads from South Korea in H2 July 2024 before heading to Brazil, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in H2 Aug 2024 before heading to Europe via southern Africa, set to arrive in late-Sept 2024.· Cargo loads from Saudi Arabia in past week, scheduled to reach India in early Sept 2024.· Cargo loads from Saudi Arabia in H1 Aug 2024 before moving to India, arrives in past week.· Cargo loads from Saudi Arabia in early-Aug 2024 before heading to Singapore via Red Sea, set to arrive in coming week.· Cargo loads from Saudi Arabia at end-July 2024, set to reach South Africa in coming week.· Cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe, set to arrive by end-Aug 2024.· Cargo of premium-grade base oils loads from Spain in past week, likely bound for India.· Several large cargoes load from US Gulf coast in H2 Aug 2024 before heading to northwest Europe, set to arrive in H1 Sept 2024..Global base oils margins outlook: Week of 26 Aug.Global base oils arb outlook: Week of 26 Aug.Global base oils demand outlook: Week of 26 Aug.Asia base oils supply outlook: Week of 26 Aug