· Pick-up in cargo-loadings from Taiwan at end-March 2025 extends into early-April 2025, with most of the shipments moving to China.· Large cargo with combination of light and heavy grades loads from Taiwan in recent days, with destination unclear.· Size of shipment suggests it is likely bound for India.· Cargo loads from Taiwan in late-Feb 2025 before heading to India and then to Middle East, reaches UAE in recent days.· Singapore takes delivery of another large cargo from US in past week.· Cargo adds to surge in arrival in Singapore of shipments from US since mid-March 2025.· Singapore takes delivery of another cargo from Saudi Arabia in past week, likely to take delivery of another in coming week.· Shipments add to increasingly regular flows from Saudi Arabia.· Cargo loads from South Korea in H1 March 2025 before heading to India and then Middle East, set to reach UAE in coming days.· Large cargo loads from Saudi Arabia in early April before heading to UAE, set to arrive in H1 April 2025.· Large cargo loads from Saudi Arabia at end-March 2025 before heading to India, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in mid-Feb 2025 before heading to US Gulf coast, set to arrive in coming days.· Large cargo of Group III base oils loads from UAE in early-March 2025 before heading to US Gulf coast, set to arrive in coming week.· Large cargo of very-light grade base oils loads from Spain in early-April 2025, with India the likely destination.· Large cargo of premium-grade base oils loads from Spain in early-April 2025 before heading to Netherlands.· Cargo is second large shipment from Spain to Netherlands in past two weeks.· Cargo loads from northeast Europe in early-April 2025 before heading to Nigeria, set to arrive in H2 April 2025.· Large cargo loads from US Gulf coast in early-April 2025 before heading to South Africa, set to arrive in early-May 2025.· Size of cargo suggests shipment then likely to head onto other markets like India or Pakistan.· Cargo loads from US Gulf coast in H2 Feb 2025 before heading to India, set to arrive in coming days..Global base oils margins outlook: Week of 7 April.Global base oils arb outlook: Week of 7 April.Asia base oils supply outlook: Week of 7 April
· Pick-up in cargo-loadings from Taiwan at end-March 2025 extends into early-April 2025, with most of the shipments moving to China.· Large cargo with combination of light and heavy grades loads from Taiwan in recent days, with destination unclear.· Size of shipment suggests it is likely bound for India.· Cargo loads from Taiwan in late-Feb 2025 before heading to India and then to Middle East, reaches UAE in recent days.· Singapore takes delivery of another large cargo from US in past week.· Cargo adds to surge in arrival in Singapore of shipments from US since mid-March 2025.· Singapore takes delivery of another cargo from Saudi Arabia in past week, likely to take delivery of another in coming week.· Shipments add to increasingly regular flows from Saudi Arabia.· Cargo loads from South Korea in H1 March 2025 before heading to India and then Middle East, set to reach UAE in coming days.· Large cargo loads from Saudi Arabia in early April before heading to UAE, set to arrive in H1 April 2025.· Large cargo loads from Saudi Arabia at end-March 2025 before heading to India, set to arrive in coming week.· Cargo of Group III base oils loads from Bahrain in mid-Feb 2025 before heading to US Gulf coast, set to arrive in coming days.· Large cargo of Group III base oils loads from UAE in early-March 2025 before heading to US Gulf coast, set to arrive in coming week.· Large cargo of very-light grade base oils loads from Spain in early-April 2025, with India the likely destination.· Large cargo of premium-grade base oils loads from Spain in early-April 2025 before heading to Netherlands.· Cargo is second large shipment from Spain to Netherlands in past two weeks.· Cargo loads from northeast Europe in early-April 2025 before heading to Nigeria, set to arrive in H2 April 2025.· Large cargo loads from US Gulf coast in early-April 2025 before heading to South Africa, set to arrive in early-May 2025.· Size of cargo suggests shipment then likely to head onto other markets like India or Pakistan.· Cargo loads from US Gulf coast in H2 Feb 2025 before heading to India, set to arrive in coming days..Global base oils margins outlook: Week of 7 April.Global base oils arb outlook: Week of 7 April.Asia base oils supply outlook: Week of 7 April