Base oils shipments from the Saudi Arabian ports of Yanbu and Jeddah rebounded in June to a fourteen-month high.Base oils shipments of more than 70,000t in June from the two ports combined rose from around 45,000t the previous month, shipping data showed.The higher volumes lifted total shipments to around 340,000t in the first six months of the year, up from around 320,000t during the same period last year.Shipments rose on the back of a surge in supplies from Yanbu to the highest in more than two years.Shipments from Yanbu had slowed the previous month.The pick-up in supplies outweighed a slowdown in shipments from the port of Jeddah in June.India and UAE were the destinations for most of the supplies.More shipments also moved to Egypt, northwest Europe and the US..Saudi Arabia’s Yanbu/Jeddah May exports fall
Base oils shipments from the Saudi Arabian ports of Yanbu and Jeddah rebounded in June to a fourteen-month high.Base oils shipments of more than 70,000t in June from the two ports combined rose from around 45,000t the previous month, shipping data showed.The higher volumes lifted total shipments to around 340,000t in the first six months of the year, up from around 320,000t during the same period last year.Shipments rose on the back of a surge in supplies from Yanbu to the highest in more than two years.Shipments from Yanbu had slowed the previous month.The pick-up in supplies outweighed a slowdown in shipments from the port of Jeddah in June.India and UAE were the destinations for most of the supplies.More shipments also moved to Egypt, northwest Europe and the US..Saudi Arabia’s Yanbu/Jeddah May exports fall