· Larger-than-usual cargo of light and heavy-grade base oils loads from Taiwan in recent days before heading to Indonesia, set to arrive in coming week.· Another large cargo loads from Taiwan early this week.· Size of shipment suggests it is likely to head to India.· Large cargo set to load from South Korea in early-Dec 2024; size of cargo suggests it is likely bound for US.· Cargo of Group III base oils loads from Indonesia in late-Nov 2024 before heading to northwest Europe, set to arrive in early-Jan 2025.· Cargo of Group III base oils loads from Bahrain in H2 Nov 2024 before heading to northwest Europe, set to arrive in early-Jan 2025.· Cargo of Group III base oils loads from Bahrain in early-Nov 2024 before heading to Europe, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in H2 Nov 2024 before heading to US, set to arrive at end-Dec 2024.· Large cargo loads from Saudi Arabia at end-Nov 2024 before heading to India, set to arrive in H1 Dec 2024.· Large cargo loads from Saudi Arabia in late-Nov 2024 before heading to UAE, set to arrive in H1 Dec 2024.· Cargo loads from Saudi Arabia in H1 Nov 2024 before heading to northwest Europe, set to arrive in coming week.· Cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe.· Shipment is second in a week to move to northwest Europe.· Cargo loads from Europe in H1 Nov 2024 before heading to Ghana, set to arrive in H1 Dec 2024.· Cargo loads from Turkey in early Nov 2024 before heading to Nigeria, scheduled to arrive at end-Nov 2024.· Cargo loads from UAE in H1 Oct 2024 before heading to Nigeria via southern Africa, scheduled to arrive at end-Nov 2024.· Cargo loads from US Gulf coast in late-Nov/early-Dec 2024 before heading to Nigeria, set to arrive in H2 Dec 2024.· Another cargo loads from US Gulf coast in H2 Nov 2024 before heading to Nigeria, set to arrive in H1 Dec 2024.· Unusually large cargo loads from US Gulf coast in early-Dec 2024; size of shipment suggests destination is Africa and/or India..Global base oils margins outlook: Week of 2 Dec .Global base oils arb outlook: Week of 2 Dec.Global base oils demand outlook: Week of 2 Dec.Asia base oils supply outlook: Week of 2 Dec
