· Several larger cargoes of Group II base oils load from Taiwan since end-June 2025, with most of the supplies moving to southeast Asia.· Cargo-loadings from Taiwan see slowdown in recent days as major storm strikes the region.· Pause in shipments from South Korea to US extends to close to a month, with most recent large cargo loading in H1 June 2025.· Cargo of Group III base oils loads from UAE in late-June 2025 before heading to India, set to arrive this week.· Large cargo of Group III base oils loads from Qatar in late-May before heading to Europe, set to arrive this week.· Cargo loads from Saudi Arabia in early-July 2025 before heading to Egypt, set to arrive in coming week.· Cargo loads from Saudi Arabia at end-June 2025 before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in mid-June 2025 before heading to South Africa, set to arrive early this week.· Cargo of premium-grade base oils loads from Spain in early-July 2025 before heading to northwest Europe, set to arrive this week.· Cargo follows pause in such shipments from Spain to northwest Europe through most of June 2025.· Cargo loads from northwest Europe around mid-June 2025 before heading to Nigeria, set to arrive in coming week.· Cargo loads from Egypt in early-July 2025 before heading to Nigeria, set to arrive in H2 July 2025.· Cargo of Group II base oils loads from US Gulf coast in early-July 2025 before heading to southeast Asia, set to arrive around mid-Aug 2025.· Cargo of Group II base oils loads from US Gulf coast in H2 June 2025 before heading to South Africa, set to arrive in coming week.· Another cargo of Group II base oils loads from US Gulf coast at end-May 2025 before heading to South Africa, arrives in recent days.· Cargo of Group II base oils loads from US Gulf coast in mid-June 2025 before heading to India, set to arrive in H2 Aug 2025.· Cargo loads from northwest Europe at end-May 2025 before heading to Argentina, arrives in recent days..Global base oils margins outlook: Week of 7 July.Global base oils arb outlook: Week of 7 July.US’ April base oils supply lags demand
· Several larger cargoes of Group II base oils load from Taiwan since end-June 2025, with most of the supplies moving to southeast Asia.· Cargo-loadings from Taiwan see slowdown in recent days as major storm strikes the region.· Pause in shipments from South Korea to US extends to close to a month, with most recent large cargo loading in H1 June 2025.· Cargo of Group III base oils loads from UAE in late-June 2025 before heading to India, set to arrive this week.· Large cargo of Group III base oils loads from Qatar in late-May before heading to Europe, set to arrive this week.· Cargo loads from Saudi Arabia in early-July 2025 before heading to Egypt, set to arrive in coming week.· Cargo loads from Saudi Arabia at end-June 2025 before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in mid-June 2025 before heading to South Africa, set to arrive early this week.· Cargo of premium-grade base oils loads from Spain in early-July 2025 before heading to northwest Europe, set to arrive this week.· Cargo follows pause in such shipments from Spain to northwest Europe through most of June 2025.· Cargo loads from northwest Europe around mid-June 2025 before heading to Nigeria, set to arrive in coming week.· Cargo loads from Egypt in early-July 2025 before heading to Nigeria, set to arrive in H2 July 2025.· Cargo of Group II base oils loads from US Gulf coast in early-July 2025 before heading to southeast Asia, set to arrive around mid-Aug 2025.· Cargo of Group II base oils loads from US Gulf coast in H2 June 2025 before heading to South Africa, set to arrive in coming week.· Another cargo of Group II base oils loads from US Gulf coast at end-May 2025 before heading to South Africa, arrives in recent days.· Cargo of Group II base oils loads from US Gulf coast in mid-June 2025 before heading to India, set to arrive in H2 Aug 2025.· Cargo loads from northwest Europe at end-May 2025 before heading to Argentina, arrives in recent days..Global base oils margins outlook: Week of 7 July.Global base oils arb outlook: Week of 7 July.US’ April base oils supply lags demand