· Group II exports from Taiwan show signs of staying lower than usual in Dec 2023, with recovery in flows in second half of the month.
· Group II cargo with combination of light and heavy grades loads from Taiwan in 2H Dec 2023, set to reach India in early Jan 2024.
· Group II exports from Taiwan show signs of extending revival in Jan 2024, with all shipments moving to China so far this month.
· Cargo, likely of Group III base oils, loads from Indonesia in early Jan 2024, set to reach northwest Europe in early Feb 2024.
· Several large cargoes, likely of Group III base oils, load from South Korea in 2H Dec 2023 before heading to US Gulf coast, with arrival set for 2H Jan and 2H Feb 2024.
· Cargoes from South Korea to India show signs of slowing in Dec 2023 following wave of loadings in Oct-Nov 2023.
· Cargo from South Korea, likely of Group II base oils, reaches Mideast Gulf in past week.
· Base oils shipments from Saudi Arabia shows signs of surging in Dec 2023 from Nov 2023 to unusually high levels.
· Large cargo loads from Saudi Arabia in late-Dec 2023, set to reach India this week.
· Cargo loads from Saudi Arabia in 2H Dec 2023 before heading to North Africa.
· Cargo from Saudi Arabia reaches US Gulf coast in early Jan 2024.
· Cargo of Group III base oils loads from Bahrain in 2H Dec 2023, set to reach northwest Europe in 2H Jan 2024.
· Cargo of Group III base oils loads from UAE in 2H Dec 2023, set to reach US Gulf coast at end-Jan 2024.
· Large cargo of Group III base oils from UAE reaches US Gulf coast in past week.
· Several large cargoes of premium-grade base oils load from Spain in 2H Dec 2023 before heading to northwest Europe.
· Large cargo of premium-grade base oils loads from Spain in early Jan 2024, likely bound for India.
· Cargo, likely of Group I base oils, loads from Greece in 2H Dec, reaches northwest Europe in past week.
· Large cargo loads from US at end-Dec 2023, set to reach South Africa at end-Jan 2024. Some supplies likely bound for India.
· Cargo of US origin reaches India in past week after loading in mid-Nov 2023.
