· Taiwan’s Group II base oils exports to China gather pace in H2 May 2024, stay lower than usual.· Singapore takes delivery of a cargo from Italy in H2 May 2024.· Most recent shipment from Italy to Singapore was in early April 2024.· Volume of cargoes from South Korea bound for US stays unusually low in May 2024.· Cargo of Group III base oils loads from Indonesia in H2 April 2024, set to reach northwest Europe 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 H2 April 2024, heads towards northwest Europe, likely to arrive in H1 June 2024.· Cargo loads from Saudi Arabia in past week before heading to India, set to arrive in early June 2024.· Cargo loads from Saudi Arabia in early May 2024, reaches India last week.· Cargo loads from Saudi Arabia in H2 May 2024 before heading to Türkiye, set to arrive this week.· Cargo loads from Saudi Arabia in H2 May 2024 before heading to UAE, set to arrive this week.· Large cargo set to reach India in coming week; vessel set off from China at end-April 2024.· Cargo of Group I base oils loads from Greece in H2 May 2024 before heading to northwest Europe, set to arrive in early June 2024.· Cargo of Group I base oils loads from northwest Europe in mid-Apr 2024, set to reach Tanzania this week.· Cargo, likely of very light grades, loads from Spain in past week, likely bound for India.· Another cargo of very light grades from Spain set to reach India this week.· Cargoes loading from US bound for outlets like Africa/India show signs of slowing in recent weeks, especially compared with Jan-April 2024..Global base oils margins outlook: Week of 27 May.Global base oils arb outlook: Week of 27 May.Global base oils demand outlook: Week of 27 May.Asia base oils supply outlook: Week of 27 May
· Taiwan’s Group II base oils exports to China gather pace in H2 May 2024, stay lower than usual.· Singapore takes delivery of a cargo from Italy in H2 May 2024.· Most recent shipment from Italy to Singapore was in early April 2024.· Volume of cargoes from South Korea bound for US stays unusually low in May 2024.· Cargo of Group III base oils loads from Indonesia in H2 April 2024, set to reach northwest Europe 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 H2 April 2024, heads towards northwest Europe, likely to arrive in H1 June 2024.· Cargo loads from Saudi Arabia in past week before heading to India, set to arrive in early June 2024.· Cargo loads from Saudi Arabia in early May 2024, reaches India last week.· Cargo loads from Saudi Arabia in H2 May 2024 before heading to Türkiye, set to arrive this week.· Cargo loads from Saudi Arabia in H2 May 2024 before heading to UAE, set to arrive this week.· Large cargo set to reach India in coming week; vessel set off from China at end-April 2024.· Cargo of Group I base oils loads from Greece in H2 May 2024 before heading to northwest Europe, set to arrive in early June 2024.· Cargo of Group I base oils loads from northwest Europe in mid-Apr 2024, set to reach Tanzania this week.· Cargo, likely of very light grades, loads from Spain in past week, likely bound for India.· Another cargo of very light grades from Spain set to reach India this week.· Cargoes loading from US bound for outlets like Africa/India show signs of slowing in recent weeks, especially compared with Jan-April 2024..Global base oils margins outlook: Week of 27 May.Global base oils arb outlook: Week of 27 May.Global base oils demand outlook: Week of 27 May.Asia base oils supply outlook: Week of 27 May
