· Cargoes with 8,800t of base oils from Taiwan reach Singapore last week.· Singapore takes delivery last week of cargo from Saudi Arabia, likely of bright stock.· Taiwan’s 1H May 2023 base oils shipments far exceed month-earlier levels, with light-grade exports outpacing heavy grades.· Taiwan’s base oils shipments over past week move to China; shipments in first week of May moved to southeast Asia.· Cargo from northeast Asia set to reach Suez Canal in late May, likely bound for Europe.· Cargo of premium grades from UAE reaches West-coast India in past week.· Large cargo, likely of Group III base oils, loads from UAE in past week. Likely bound for US.· Cargo, likely of Group III base oils, loads from UAE in early May, reaches southeast Asia in mid-May, likely bound for China.· Cargo, likely of Group III base oils, loads from UAE at end-April, set to reach Europe in 2H May.· Another cargo of Group III base oils from UAE reaches US during past week.· Cargo, likely of Group III base oils, loads from Bahrain in past week. Destination unclear.· Another cargo from Bahrain expected to reach Europe in coming days.· Another cargo from Bahrain expected to reach US at start of this week.· Cargo of Group I base oils from Saudi Arabia expected to reach Europe in coming week.· Regular flow of large shipments from Spain to Netherlands continues in 1H May, even with Group III plant maintenance work in Spain expected to take place in May.· Another large cargo scheduled to be loaded from Spain in coming week.· End-April loading cargo from Spain, likely of very light grades, likely to reach India by end-May.· Cargo, likely of bright stock, loads from Pakistan in past week, bound for Mideast Gulf.· Wave of shipments from different regions reach Nigeria in 1H May.· Cargo reaches Nigeria that originated from Russia in 2H April.· Cargo of Russian origin is first to reach Nigeria in several months as logistical/financial complications slow flows.· Cargo reaches Nigeria in 1H May that originated from Asia-Pacific.· Cargo reaches Nigeria in 1H May that originated from Italy.· Shipments follow arrival in Nigeria of cargo of US origin in early May.· Cargo of US origin set to reach Mumbai at start of this week..Global base oils - week of May 15: Price outlook - arbitrage.Contact us for more information about the data for this story
· Cargoes with 8,800t of base oils from Taiwan reach Singapore last week.· Singapore takes delivery last week of cargo from Saudi Arabia, likely of bright stock.· Taiwan’s 1H May 2023 base oils shipments far exceed month-earlier levels, with light-grade exports outpacing heavy grades.· Taiwan’s base oils shipments over past week move to China; shipments in first week of May moved to southeast Asia.· Cargo from northeast Asia set to reach Suez Canal in late May, likely bound for Europe.· Cargo of premium grades from UAE reaches West-coast India in past week.· Large cargo, likely of Group III base oils, loads from UAE in past week. Likely bound for US.· Cargo, likely of Group III base oils, loads from UAE in early May, reaches southeast Asia in mid-May, likely bound for China.· Cargo, likely of Group III base oils, loads from UAE at end-April, set to reach Europe in 2H May.· Another cargo of Group III base oils from UAE reaches US during past week.· Cargo, likely of Group III base oils, loads from Bahrain in past week. Destination unclear.· Another cargo from Bahrain expected to reach Europe in coming days.· Another cargo from Bahrain expected to reach US at start of this week.· Cargo of Group I base oils from Saudi Arabia expected to reach Europe in coming week.· Regular flow of large shipments from Spain to Netherlands continues in 1H May, even with Group III plant maintenance work in Spain expected to take place in May.· Another large cargo scheduled to be loaded from Spain in coming week.· End-April loading cargo from Spain, likely of very light grades, likely to reach India by end-May.· Cargo, likely of bright stock, loads from Pakistan in past week, bound for Mideast Gulf.· Wave of shipments from different regions reach Nigeria in 1H May.· Cargo reaches Nigeria that originated from Russia in 2H April.· Cargo of Russian origin is first to reach Nigeria in several months as logistical/financial complications slow flows.· Cargo reaches Nigeria in 1H May that originated from Asia-Pacific.· Cargo reaches Nigeria in 1H May that originated from Italy.· Shipments follow arrival in Nigeria of cargo of US origin in early May.· Cargo of US origin set to reach Mumbai at start of this week..Global base oils - week of May 15: Price outlook - arbitrage.Contact us for more information about the data for this story