· Base oils cargo loadings from Taiwan remain relatively slow in H1 Nov 2024, with most shipments bound for southeast Asia and India.· Cargo loads from Taiwan in past week before heading to India, set to arrive by end-Nov 2024.· Large cargo loads from South Korea in past week before heading to US Gulf coast, set to arrive in H2 Dec 2024.· Cargo volume from South Korea set to reach US in Dec 2024 remains low so far, especially vs Nov 2024.· Wave of October-loading shipments from South Korea set to reach US Gulf coast this and next week.· Large cargo of Group III base oils from UAE set to reach US Gulf coast this week.· Cargo of Group III base oils loads from Bahrain in early Nov 2024 before heading to Europe, set to arrive in H2 Dec 2024.· Cargo loads from Saudi Arabia in early Nov 2024 before heading to India, arrived in recent days.· Cargo loads from Saudi Arabia around mid-Nov 2024 before heading to Egypt, set to arrive in coming week.· Cargo loads from Saudi Arabia in H1 Nov 2024 before heading to Pakistan, set to arrive in coming week.· Swathe of cargoes reaches or set to reach Nigeria.· Cargo loads from US east coast in H2 Oct 2024 before heading to Nigeria, set to arrive this week.· Cargo loads from UAE in H1 Oct 2024 before heading to Nigeria via South Africa, set to arrive in late-Nov 2024.· Cargo loads from Europe in H1 Oct 2024 before heading to Nigeria, set to arrive this week.· Cargo loads from Black Sea region in late Sept 2024 before heading to Nigeria, arrived in H1 Nov 2024.· Cargo loads from US Gulf coast in early Oct 2024, set to reach India this week.· Large cargo of loads from Spain at start of this week, with destination unclear.· Size of shipment suggests cargo likely bound for northwest Europe.· Shipment is largest to load from Spain in more than a month..Global base oils margins outlook: Week of 18 Nov.Global base oils arb outlook: Week of 18 Nov.Asia base oils supply outlook: Week of 18 Nov
· Base oils cargo loadings from Taiwan remain relatively slow in H1 Nov 2024, with most shipments bound for southeast Asia and India.· Cargo loads from Taiwan in past week before heading to India, set to arrive by end-Nov 2024.· Large cargo loads from South Korea in past week before heading to US Gulf coast, set to arrive in H2 Dec 2024.· Cargo volume from South Korea set to reach US in Dec 2024 remains low so far, especially vs Nov 2024.· Wave of October-loading shipments from South Korea set to reach US Gulf coast this and next week.· Large cargo of Group III base oils from UAE set to reach US Gulf coast this week.· Cargo of Group III base oils loads from Bahrain in early Nov 2024 before heading to Europe, set to arrive in H2 Dec 2024.· Cargo loads from Saudi Arabia in early Nov 2024 before heading to India, arrived in recent days.· Cargo loads from Saudi Arabia around mid-Nov 2024 before heading to Egypt, set to arrive in coming week.· Cargo loads from Saudi Arabia in H1 Nov 2024 before heading to Pakistan, set to arrive in coming week.· Swathe of cargoes reaches or set to reach Nigeria.· Cargo loads from US east coast in H2 Oct 2024 before heading to Nigeria, set to arrive this week.· Cargo loads from UAE in H1 Oct 2024 before heading to Nigeria via South Africa, set to arrive in late-Nov 2024.· Cargo loads from Europe in H1 Oct 2024 before heading to Nigeria, set to arrive this week.· Cargo loads from Black Sea region in late Sept 2024 before heading to Nigeria, arrived in H1 Nov 2024.· Cargo loads from US Gulf coast in early Oct 2024, set to reach India this week.· Large cargo of loads from Spain at start of this week, with destination unclear.· Size of shipment suggests cargo likely bound for northwest Europe.· Shipment is largest to load from Spain in more than a month..Global base oils margins outlook: Week of 18 Nov.Global base oils arb outlook: Week of 18 Nov.Asia base oils supply outlook: Week of 18 Nov
