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Hormuz loadings and crossings on decline after an end Oct peak

By Mukesh Sahdev Visit author profile

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Crude oil
Bullish
Freight
Bearish

West of Hormuz weekly crude and products loadings are in a declining trajectory after a peak in end-Oct. There are more attacks being reported. What is crossing the Straight is even much below prior week in the latest 2-8 Nov data. Ship to Ship transfers are also in declining…

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