· Nigeria set to take delivery of larger-than-usual volume of supplies in November.· Nigeria-bound cargoes originate from Europe and US, likely Group I base oils.· Shipment from Saudi Arabia set to reach South Africa over coming week.· Arbitrage shipment from South Korea reaches Argentina in 1H Nov, likely Group II base oils.· Large shipment from UAE set to reach US in 2H November, likely Group III base oils.· November-loading shipment from Pakistan set to reach Mideast Gulf in 1H Nov, likely bright stock.· Signs of slowdown in shipments from Bahrain in October.· Shipment from Saudi Arabia set to reach France in 2H November.· India set to take delivery of cargo from Netherlands in coming days.· India takes delivery of large cargo from Saudi Arabia in 1H November.· Taiwan Group II exports large volume in 1H Nov, outpacing 1H Oct levels.· 5,000t Group II cargo from Taiwan set to reach Singapore this week.· Shipment from Saudi Arabia likely to reach Singapore over coming week.· Cargo from UAE reaches China over past week, likely Group III base oils.· Singapore’s base oils exports last week include infrequent cargo to Netherlands – largest since early July.· Singapore’s base oils imports last week include larger cargo from Japan..Global base oils – week of Nov 14: Supply outlook
· Nigeria set to take delivery of larger-than-usual volume of supplies in November.· Nigeria-bound cargoes originate from Europe and US, likely Group I base oils.· Shipment from Saudi Arabia set to reach South Africa over coming week.· Arbitrage shipment from South Korea reaches Argentina in 1H Nov, likely Group II base oils.· Large shipment from UAE set to reach US in 2H November, likely Group III base oils.· November-loading shipment from Pakistan set to reach Mideast Gulf in 1H Nov, likely bright stock.· Signs of slowdown in shipments from Bahrain in October.· Shipment from Saudi Arabia set to reach France in 2H November.· India set to take delivery of cargo from Netherlands in coming days.· India takes delivery of large cargo from Saudi Arabia in 1H November.· Taiwan Group II exports large volume in 1H Nov, outpacing 1H Oct levels.· 5,000t Group II cargo from Taiwan set to reach Singapore this week.· Shipment from Saudi Arabia likely to reach Singapore over coming week.· Cargo from UAE reaches China over past week, likely Group III base oils.· Singapore’s base oils exports last week include infrequent cargo to Netherlands – largest since early July.· Singapore’s base oils imports last week include larger cargo from Japan..Global base oils – week of Nov 14: Supply outlook