Another arbitrage shipment of base oils from the US is set to reach Nigeria in first-half August.The shipment added to a sustained flow of cargoes from the US to the West African country almost every month since the first quarter of the year.The cargo, which loaded from the US Gulf coast in second-half July, was expected to reach Lagos by the end of this week, port data showed.The volume was at least 8,000t, likely of Group II base oils.This year's wave of arbitrage shipments from the US to Nigeria contrasted with a slump in flows from Europe to West Africa in recent months. .US’ June base oils exports fall
Another arbitrage shipment of base oils from the US is set to reach Nigeria in first-half August.The shipment added to a sustained flow of cargoes from the US to the West African country almost every month since the first quarter of the year.The cargo, which loaded from the US Gulf coast in second-half July, was expected to reach Lagos by the end of this week, port data showed.The volume was at least 8,000t, likely of Group II base oils.This year's wave of arbitrage shipments from the US to Nigeria contrasted with a slump in flows from Europe to West Africa in recent months. .US’ June base oils exports fall
