· Group II base oils cargo with combination of light and heavy grades set to load from Taiwan at start of this week.· Cargo would be first to load from Taiwan in almost two weeks, following slump in shipments in Oct and Nov 2023 because of plant maintenance.· Cargo from South Korea set to reach US Gulf coast this week.· Shipment follows arrival of several other cargoes from South Korea so far in Dec 2023 and ahead of arrival of more supplies in 2H Dec 2023.· Pick-up in shipments to US follow slowdown in cargo arrivals from South Korea in Nov 2023.· Cargo loads from Saudi Arabia in early Dec 2023 before heading to US Gulf coast, set to arrive in early Jan 2024.· Cargo from Saudi Arabia scheduled to reach Italy in 2H Dec 2023.· Cargo of premium-grade base oils from UAE reaches West-coast India in past week, set to reach East-coast India in coming week.· Cargo of premium-grade base oils from UAE set to reach US Gulf coast in early-Jan 2024.· Cargo of premium-grade base oils from UAE set to reach China in coming week.· Cargo of Group III base oils from Bahrain set to reach Spain in coming week.· Cargo of Group II base oils from US set to reach South Africa in coming week.· Cargo of Group II base oils from US set to reach India next week.· Cargo loads from Italy at end-Nov 2023, set to reach Singapore in 2H Dec 2023.· Large cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe.· Shipment is first from Spain to northwest Europe in more than a month..Global base oils - week of Dec 11: Price outlook - margins.Global base oils - week of Dec 11: Price outlook - arbitrage.Global base oils - week of Dec 11: Demand outlook.Asia base oils - week of Dec 11: Demand outlook.Americas/EMEA base oils - week of Dec 11: Demand outlook
· Group II base oils cargo with combination of light and heavy grades set to load from Taiwan at start of this week.· Cargo would be first to load from Taiwan in almost two weeks, following slump in shipments in Oct and Nov 2023 because of plant maintenance.· Cargo from South Korea set to reach US Gulf coast this week.· Shipment follows arrival of several other cargoes from South Korea so far in Dec 2023 and ahead of arrival of more supplies in 2H Dec 2023.· Pick-up in shipments to US follow slowdown in cargo arrivals from South Korea in Nov 2023.· Cargo loads from Saudi Arabia in early Dec 2023 before heading to US Gulf coast, set to arrive in early Jan 2024.· Cargo from Saudi Arabia scheduled to reach Italy in 2H Dec 2023.· Cargo of premium-grade base oils from UAE reaches West-coast India in past week, set to reach East-coast India in coming week.· Cargo of premium-grade base oils from UAE set to reach US Gulf coast in early-Jan 2024.· Cargo of premium-grade base oils from UAE set to reach China in coming week.· Cargo of Group III base oils from Bahrain set to reach Spain in coming week.· Cargo of Group II base oils from US set to reach South Africa in coming week.· Cargo of Group II base oils from US set to reach India next week.· Cargo loads from Italy at end-Nov 2023, set to reach Singapore in 2H Dec 2023.· Large cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe.· Shipment is first from Spain to northwest Europe in more than a month..Global base oils - week of Dec 11: Price outlook - margins.Global base oils - week of Dec 11: Price outlook - arbitrage.Global base oils - week of Dec 11: Demand outlook.Asia base oils - week of Dec 11: Demand outlook.Americas/EMEA base oils - week of Dec 11: Demand outlook