· Singapore sees ongoing pause in shipments from Japan.· Singapore takes delivery of cargo from Saudi Arabia in past week.· Large cargo of light and heavy grades loads from Taiwan at end-Nov 2023 before heading to Singapore.· Taiwan yet to show signs of pick-up in shipments in Dec 2023 even with expected completion of plant maintenance in coming week.· US expected to take delivery of wave of base oils shipments from South Korea in Dec 2023, with several shipments scheduled for arrival in Nov 2023 likely to arrive in Dec 2023 instead.· Cargo of Group I base oils loads from Saudi Arabia at end-Nov 2023 before heading to Egypt.· Saudi Arabia’s base oils shipments show signs of falling in Nov 2023 from Oct 2023.· Large cargo of Group III base oils loads from UAE at end-Nov 2023 before heading to India.· Cargo of Group III base oils from Bahrain set to reach southern Europe in coming week.· Cargo of Group III base oils from Bahrain set to reach US Gulf coast in coming week.· Spain’s exports of premium-grade base oils shows signs of falling sharply in Nov 2023 from Oct 2023.· Large cargo, likely of very light grades, sets off from Spain in early Dec 2023 bound for India.· Cargo of US origin, likely of Group II base oils, set to reach India this week..Global base oils - week of Dec 4: Price outlook - arbitrage.Global base oils - week of Dec 4: Price outlook - margins.Global base oils - week of Dec 4: Demand outlook.Asia base oils - week of Dec 4: Demand outlook.Americas/EMEA base oils - week of Dec 4: Demand outlook
· Singapore sees ongoing pause in shipments from Japan.· Singapore takes delivery of cargo from Saudi Arabia in past week.· Large cargo of light and heavy grades loads from Taiwan at end-Nov 2023 before heading to Singapore.· Taiwan yet to show signs of pick-up in shipments in Dec 2023 even with expected completion of plant maintenance in coming week.· US expected to take delivery of wave of base oils shipments from South Korea in Dec 2023, with several shipments scheduled for arrival in Nov 2023 likely to arrive in Dec 2023 instead.· Cargo of Group I base oils loads from Saudi Arabia at end-Nov 2023 before heading to Egypt.· Saudi Arabia’s base oils shipments show signs of falling in Nov 2023 from Oct 2023.· Large cargo of Group III base oils loads from UAE at end-Nov 2023 before heading to India.· Cargo of Group III base oils from Bahrain set to reach southern Europe in coming week.· Cargo of Group III base oils from Bahrain set to reach US Gulf coast in coming week.· Spain’s exports of premium-grade base oils shows signs of falling sharply in Nov 2023 from Oct 2023.· Large cargo, likely of very light grades, sets off from Spain in early Dec 2023 bound for India.· Cargo of US origin, likely of Group II base oils, set to reach India this week..Global base oils - week of Dec 4: Price outlook - arbitrage.Global base oils - week of Dec 4: Price outlook - margins.Global base oils - week of Dec 4: Demand outlook.Asia base oils - week of Dec 4: Demand outlook.Americas/EMEA base oils - week of Dec 4: Demand outlook