· Steady flow of Group II base oils cargoes continues to load from Taiwan in past week, with latest shipment moving to southeast Asia.· Singapore takes delivery of cargo from US in past week.· Shipment is first in more than a month and largest in more than three months.· Large cargo of Group III base oils loads from UAE in recent days before heading to Bahrain.· Size of shipment suggests it will pick up additional supplies in Bahrain before heading to market like US.· Cargo of Group III base oils loads from UAE around mid-June 2025 before heading to Europe, set to arrive by end-July 2025.· Large cargo loads from Saudi Arabia at start of this week; size of shipment suggests it is bound for market like India.· Cargo loads from northwest Europe in early-June 2025 before heading to southeast Asia, set to arrive in coming week.· Cargo of very-light-grade base oils loads from Spain in past week before heading to India, likely to arrive in H2 Aug 2025.· Cargo of Group I base oils loads from Argentina in late-June 2025 before heading to Nigeria, expected to arrive this week.· Cargo from Egypt also set to reach Nigeria in coming days.· Cargo loads from US in early-June 2025 before heading to India, arrives in recent days.· Cargo of Group II base oils loads from US Gulf coast around mid-June 2025 before heading to South Africa, arrives in recent days.· Cargo then set to head on to India, expected to arrive in early-Aug 2025.· Cargo of Group II base oils loads from US Gulf coast at end-May 2025 before heading to India, arrives in recent days.· Bunch of cargoes from US set to reach Brazil in H2 July 2025.· Shipment volume shows signs of being larger than usual..Global base oils margins outlook: Week of 21 July.Global base oils arb outlook: Week of 21 July.Asia base oils supply outlook: Week of 21 July.Asia base oils demand outlook: Week of 21 July
