ReportedShipping, energy & marketsStrait of Hormuz
Kpler estimates October Hormuz oil flows at 11.7 million barrels a day
- Mountain Time
- Local time
- 11:00 PM UTC
- Where
- Strait of Hormuz
OilPrice.com, citing Kpler data, reported that oil flows through the Strait of Hormuz have averaged 11.7 million barrels a day in October, up from 9.8 million barrels a day in September and nearing the 14.5 million-barrel pre-war February average.
Why it matters
The higher flow estimate indicates more crude is moving through Hormuz, but volumes remain below the cited pre-war level, a key benchmark for importers and oil-market participants assessing supply access.
Source
- OilPrice.comoilprice.comPublished
Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels