· Wave of cargoes load from Taiwan since start of Nov 2025, with larger-than-usual portion bound for China.· Larger share of the shipments consists of light-grade base oils.· Singapore takes delivery in past week of large cargo of Group I base oils from Russia.· Shipment is first of Russian origin to reach Singapore since mid-Sept 2025.· Cargo-loadings from South Korea to US stay lower than usual in recent weeks.· Large cargo loads from Saudi Arabia at end-Oct 2025 before heading to India, arrives in recent days. · Cargo loads from Qatar at end-Oct 2025 before heading to India, arrives in recent days.· Cargo of Group III base oils loads from Bahrain and UAE at end-Oct 2025 before heading to Europe, set to arrive in mid-Dec 2025. · Cargo of Group III base oils loads from Bahrain in past week before heading to India, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in H2-Sept 2025 before heading to Europe, arrives in recent days.· Cargo loads from Saudi Arabia in early-Nov 2025 before heading to Europe, set to arrive in early-Dec 2025.· Cargo of Group III base oils loads from Spain in recent days before heading to northwest Europe, set to arrive in H2 Nov 2025.· Large cargo loads from northwest Europe in recent days before heading to West Africa, set to arrive in late-Nov 2025.· Cargo of Group I base oils loads from US in mid-Oct 2025 before heading towards southern Africa rather than West Africa, set to arrive next week. .Global base oils cargo flows: Week of 3 November
