Persian Gulf Crude Exports Top 14M Bpd as Hormuz Oil Flows Rebound
Analysis
Brent Crude
Crude Oil
Iraq
Middle East Oil
Oil Exports
Oil Markets
Persian Gulf
Saudi Arabia
Strait of Hormuz
UAE
WTI Crude
TLDR: Persian Gulf crude exports topped 14M bpd, rebounding over 210% from the roughly 4.5M bpd March low. Hormuz crude flows reached a 13.5M bpd seven-day average in late September, matching pre-war levels. Middle East crude shipments averaged 19.5M bpd, beating the roughly 17M bpd pre-war benchmark by 2.5M bpd. Refined fuel exports remain at [...]
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Source: Source: Blockonomi