Persian Gulf exports 17.1 million barrels per day in October... Refined oil products exceed half of normal levels
Original headline페르시아만, 10월 하루 1710만배럴 수출…정유제품은 평년 절반 웃돌아
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Persian Gulf exporters shipped 17.1 million barrels per day of crude, condensate and refined products in October, down from 18.9 million bpd in September, according to provisional Vortexa data cited by Reuters. Refined product flows fell to 3.1 million bpd, only slightly above half the usual level, and total volumes were about three-quarters of pre-war levels; the tally excludes LPG and Iranian exports. Vortexa analyst George Morris attributed the pullback from post-war highs to rising risk around the Strait of Hormuz. The figures matter because the Strait is the main conduit for Gulf oil, so even a modest disruption would tighten global crude and product supply. Watch Hormuz risk indicators and whether November loadings recover toward September levels.
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Named in this story
Persian Gulf, Strait of Hormuz, Vortexa, George Morris, Reuters