Hormuz Oil Flows Averaged 10.5 Million Bpd Through Oct. 10
Confirmed flows averaged 10.5 million barrels a day in the seven days to Oct. 10, about 38% below the prewar baseline of 17.1 million barrels a day, according to Kpler data.
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Confirmed flows averaged 10.5 million barrels a day in the seven days to Oct. 10, about 38% below the prewar baseline of 17.1 million barrels a day, according to Kpler data.
The movement of oil out of the Middle East is reportedly above pre-conflict levels, but so have attacks on vessels in the Strait of Hormuz amid escalating tensions between the U.S. and Tehran. Shipping Data Shows Surge in Oil Movement According to a report by Reuters on Monday, which cited provisional estimates from th