U.S. base oil suppliers are prepared for strong activity during May, as customers continue to beef up their requirements week to week, and outstrip the orders placed in March and thus far in April. Although producers' overall inventory positions appear to be well balanced, they said orders over and above already scheduled volumes can likely be fulfilled. Sellers warned, however, that if demand becomes much more brisk, then not all customer requests may be satisfied as May gets under way. Meantime, fresh export possibilities have emerged in deep-sea destinations. While Europe remains the quietest region, U.S. sellers of both paraffinic and naph-thenic grades have seen openings for shipments to India, Middle East, and South America.
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