· Cargo of more than 10,000 tonnes of Group II base oils loads from Taiwan at end-Apr 2024 before heading towards Singapore.· Shipment likely to head on to India.· Cargo from South Korea set to reach UAE in H1 May 2024 after loading in H1 April 2024.· Cargo of Group III base oils from Indonesia set to reach northwest Europe this week following trip that took less than 40 days after traveling via southern Africa.· Cargo, likely of very light grades, loads from Spain at end-March 2024, reaches India in recent days.· Large cargo loads from Saudi Arabia in H2 April 2024 before reaching UAE this week, likely to head on to India.· Cargo loads from Saudi Arabia in H2 April 2024 before heading to UAE, set to arrive in coming week.· Large cargo loads from Saudi Arabia in early May 2024, with destination unclear.· Same vessel took a large shipment from Saudi Arabia to India in April 2024.· Cargo from Saudi Arabia heads to South Africa after loading in H1 April 2024; set to arrive in H2 May 2024.· Cargo loads from Saudi Arabia in H2 April before heading towards the Americas; set to arrive around mid-May 2024.· Shipment volumes from Saudi Arabia in April 2024 show signs of holding firm, similar to March 2024 levels.· Cargo of Group III base oils from UAE reaches Mumbai last week, set to reach Chennai in coming week.· Cargo of Group III base oils from UAE set to reach northwest Europe this week after setting off in late March 2024.· Cargo of Russian origin loads from Black Sea region in H2 April 2024, reaches Egypt in early May 2024.· Cargo from northwest Europe set to reach Tanzania in H2 May 2024 after loading in mid-April 2024.· Cargo of US origin reaches South Africa in early May 2024 after loading in early April 2024.· Size of cargo suggests portion of shipment will likely move on to other outlets like UAE or India.· Cargo of Group II base oils of US origin set to reach South Africa in H2 May 2024 after loading in H2 April 2024.· Size of the cargo suggests a portion of the shipment will move onto other outlets..Global base oils arb outlook: Week of 6 May.Global base oils margins outlook: Week of 6 May
· Cargo of more than 10,000 tonnes of Group II base oils loads from Taiwan at end-Apr 2024 before heading towards Singapore.· Shipment likely to head on to India.· Cargo from South Korea set to reach UAE in H1 May 2024 after loading in H1 April 2024.· Cargo of Group III base oils from Indonesia set to reach northwest Europe this week following trip that took less than 40 days after traveling via southern Africa.· Cargo, likely of very light grades, loads from Spain at end-March 2024, reaches India in recent days.· Large cargo loads from Saudi Arabia in H2 April 2024 before reaching UAE this week, likely to head on to India.· Cargo loads from Saudi Arabia in H2 April 2024 before heading to UAE, set to arrive in coming week.· Large cargo loads from Saudi Arabia in early May 2024, with destination unclear.· Same vessel took a large shipment from Saudi Arabia to India in April 2024.· Cargo from Saudi Arabia heads to South Africa after loading in H1 April 2024; set to arrive in H2 May 2024.· Cargo loads from Saudi Arabia in H2 April before heading towards the Americas; set to arrive around mid-May 2024.· Shipment volumes from Saudi Arabia in April 2024 show signs of holding firm, similar to March 2024 levels.· Cargo of Group III base oils from UAE reaches Mumbai last week, set to reach Chennai in coming week.· Cargo of Group III base oils from UAE set to reach northwest Europe this week after setting off in late March 2024.· Cargo of Russian origin loads from Black Sea region in H2 April 2024, reaches Egypt in early May 2024.· Cargo from northwest Europe set to reach Tanzania in H2 May 2024 after loading in mid-April 2024.· Cargo of US origin reaches South Africa in early May 2024 after loading in early April 2024.· Size of cargo suggests portion of shipment will likely move on to other outlets like UAE or India.· Cargo of Group II base oils of US origin set to reach South Africa in H2 May 2024 after loading in H2 April 2024.· Size of the cargo suggests a portion of the shipment will move onto other outlets..Global base oils arb outlook: Week of 6 May.Global base oils margins outlook: Week of 6 May
