Energy

Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?

U.S. Energy Secretary Chris Wright this week said that the oil exports from the Middle East have rebounded to 15 million barrels per day (bpd) and even topped the pre-war average of 20 million bpd on Sunday. Vessel-tracking services and commodity analysts are baffled and struggling to reconcile th

Source: OilPrice.com

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DW NOTE

The Strait has been effectively closed since February — one ship moved through on August 9 versus the normal seventy-three per day. If Washington is claiming flows have rebounded to 15 million barrels, someone should ask which Strait they're measuring.

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Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?

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