· Taiwan’s base oils cargo loadings slow down over past week, leaving total exports lower than usual in May 2024. · Singapore takes delivery in late-May 2024 of unusually large cargo from US.· Cargo loads from South Korea at end-May 2024 before heading to US Gulf coast, set to arrive in H1 July 2024.· Shipment is first from South Korea to US in several weeks.· Slowdown in shipments raises prospect of drop in cargoes from South Korea reaching US in May and June 2024.· Cargo of Group III base oils loads from UAE at end-May 2024 before heading to India, set to arrive this week.· Cargo of Group III base oils loads from UAE in H2 May 2024 before heading to US, set to arrive in H1 July 2024.· Cargo of Group III base oils loads from Bahrain in mid-April 2024 before heading to northwest Europe, set to arrive in coming week.· Cargo of Group III base oils loads from Qatar at end-May 2024, set to reach India this week.· Several cargoes load from Saudi Arabia in H2 May 2024 before heading to UAE, set to arrive in H1 June 2024.· Cargo loads from Saudi Arabia in H2 May 2024 before heading to India, set to arrive this week.· Cargoes add to signs of rise in shipments from Saudi Arabia in May 2024 vs previous month.· Cargo, likely of Group I base oils, loads from US in early June 2024 before heading to northwest Europe, set to arrive in H1 June 2024.· Cargo loads from US Gulf coast in H2 April 2024, set to reach India this week.· Shipments of premium-grade base oils from Spain show signs of slipping in May 2024 from previous month amid slowdown in flows to northwest Europe..Global base oils margins outlook: Week of 3 June.Global base oils arb outlook: Week of 3 June.Global base oils demand outlook: Week of 3 June.Asia base oils supply outlook: Week of 3 June
· Taiwan’s base oils cargo loadings slow down over past week, leaving total exports lower than usual in May 2024. · Singapore takes delivery in late-May 2024 of unusually large cargo from US.· Cargo loads from South Korea at end-May 2024 before heading to US Gulf coast, set to arrive in H1 July 2024.· Shipment is first from South Korea to US in several weeks.· Slowdown in shipments raises prospect of drop in cargoes from South Korea reaching US in May and June 2024.· Cargo of Group III base oils loads from UAE at end-May 2024 before heading to India, set to arrive this week.· Cargo of Group III base oils loads from UAE in H2 May 2024 before heading to US, set to arrive in H1 July 2024.· Cargo of Group III base oils loads from Bahrain in mid-April 2024 before heading to northwest Europe, set to arrive in coming week.· Cargo of Group III base oils loads from Qatar at end-May 2024, set to reach India this week.· Several cargoes load from Saudi Arabia in H2 May 2024 before heading to UAE, set to arrive in H1 June 2024.· Cargo loads from Saudi Arabia in H2 May 2024 before heading to India, set to arrive this week.· Cargoes add to signs of rise in shipments from Saudi Arabia in May 2024 vs previous month.· Cargo, likely of Group I base oils, loads from US in early June 2024 before heading to northwest Europe, set to arrive in H1 June 2024.· Cargo loads from US Gulf coast in H2 April 2024, set to reach India this week.· Shipments of premium-grade base oils from Spain show signs of slipping in May 2024 from previous month amid slowdown in flows to northwest Europe..Global base oils margins outlook: Week of 3 June.Global base oils arb outlook: Week of 3 June.Global base oils demand outlook: Week of 3 June.Asia base oils supply outlook: Week of 3 June
