· Base oil cargo loadings from Taiwan slow markedly over past week, after unusually high exports in first three weeks of April 2025.· Singapore takes delivery in past week of shipment from Russia.· Cargo is first from Russia in more than two months and fourth so far this year.· Cargo loadings from South Korea to US see slowdown in April 2025, after already slowing in March 2025 from previous month.· Drop in cargo-loadings cuts volume of shipments from South Korea set to reach US in April 2025 and May 2025.· Cargo loads from Bahrain in H2 April 2025 before heading to India, set to arrive this week.· Cargo loads from Qatar in H2 April before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in H2 April 2025 before heading to South Africa, set to arrive in H1 May 2025.· Cargo heads to South Africa via East Africa rather than via Suez Canal and West Africa, shortening shipment time.· Large cargo loads from Saudi Arabia at end-Apr 2025, with destination unclear.· Size of shipment suggests destination likely to be UAE or India.· Volume of cargo loadings from Saudi Arabia shows signs of rising strongly in April 2025 following slowdown in Q1 2025.· Cargo loads from Egypt at end-March 2025 before heading to Nigeria, arrives in recent days.· Flow of cargoes from US to Nigeria pauses in April 2025, following increasingly regular shipments in recent months..Global base oils margins outlook: Week of 28 April.Global base oils arb outlook: Week of 28 April.Asia base oils supply outlook: Week of 28 April
· Base oil cargo loadings from Taiwan slow markedly over past week, after unusually high exports in first three weeks of April 2025.· Singapore takes delivery in past week of shipment from Russia.· Cargo is first from Russia in more than two months and fourth so far this year.· Cargo loadings from South Korea to US see slowdown in April 2025, after already slowing in March 2025 from previous month.· Drop in cargo-loadings cuts volume of shipments from South Korea set to reach US in April 2025 and May 2025.· Cargo loads from Bahrain in H2 April 2025 before heading to India, set to arrive this week.· Cargo loads from Qatar in H2 April before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in H2 April 2025 before heading to South Africa, set to arrive in H1 May 2025.· Cargo heads to South Africa via East Africa rather than via Suez Canal and West Africa, shortening shipment time.· Large cargo loads from Saudi Arabia at end-Apr 2025, with destination unclear.· Size of shipment suggests destination likely to be UAE or India.· Volume of cargo loadings from Saudi Arabia shows signs of rising strongly in April 2025 following slowdown in Q1 2025.· Cargo loads from Egypt at end-March 2025 before heading to Nigeria, arrives in recent days.· Flow of cargoes from US to Nigeria pauses in April 2025, following increasingly regular shipments in recent months..Global base oils margins outlook: Week of 28 April.Global base oils arb outlook: Week of 28 April.Asia base oils supply outlook: Week of 28 April
