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Middle East oil flows unchanged despite tanker attacks, Javier Blas notes

Middle East oil flows unchanged despite tanker attacks, Javier Blas notes
Middle East oil flows hold steady

Preliminary data shows that crude oil flows from the Middle East, excluding Iran, have remained steady in early November despite ongoing Iranian attacks against oil tankers.

Javier Blas, an energy and commodities columnist, reports that crude oil loadings from November 1 to 5 appear similar to October levels.

Blas previously reported that global crude oil shipments in transit were nearing record highs without Iranian barrels. He has also noted a decline in WTI refining margins to the lowest levels since early September. These developments come as market participants continue monitoring vessel flows from key producing regions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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