· Larger-than-usual cargo with combination of light- and heavy-grade Group II base oils set to load from Taiwan in coming week.· Size of cargo suggests it is likely to head to outlet like India.· Singapore takes delivery in past week of large cargo from Netherlands.· Cargo extends steady flow of shipments from Netherlands since start of H2 2024.· Steady flows contrast with pause in shipments from Italy to Singapore for more than three months.· Cargo loads from South Korea last week before heading to US Gulf coast, set to arrive in early-July 2025.· Cargo shows signs of including Group II base oils.· Cargo loads from Saudi Arabia in H2 May 2025 before heading to Europe, set to arrive in early-June 2025.· Cargo of Group III base oils loads from Bahrain in mid-May 2025 before heading to Europe, set to arrive in H2 June 2025.· Cargo of Group III base oils loads from Bahrain in mid-April 2025 before heading to Europe, set to arrive this week.· Large cargo of premium-grade base oils loads from Qatar in H1 April 2025 before heading to US Gulf coast, set to arrive this week.· Large cargo of Group I base oils loads from Argentina in H2 April 2025 before heading to Netherlands, set to arrive by end-May 2025.· Cargo loads from Europe in H1 May 2025 before heading to Nigeria, set to arrive by month-end.· Large cargo leaves US Gulf coast around mid-April 2025 before heading to Nigeria, set to arrive in final week of May 2025.· Cargo adds to shipment from Egypt that is set to reach Nigeria by end-May 2025.· Cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe, set to arrive by end-May 2025..Global base oils margins outlook: Week of 26 May.Global base oils arb outlook: Week of 26 May.Asia base oils supply outlook: Week of 26 May.Asia base oils demand outlook: Week of 26 May
