Insights / News vs. Numbers

Hormuz lanes-getting narrow, Loadings vs. Crossings & Crude vs. Products-gap widening?

By the XAnalysts team

Members

Commodity
Crude and Products
Market Hub
Middle East and Asia
Price Indicator
Crude and products structure
Time Period
Now to end September
Market Impact
Backwardation to sustain with occasional correction

Hormuz is not one flow number — and rising loadings do not mean rising exports. The widening gap between West of Hormuz loadings and actual Strait crossings is emerging as one of the clearest signals of physical oil-market stress. Saudi Arabia moved west, UAE…

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