Summary:
Crude oil exports from the Middle East exceeded pre-war levels on four of the seven days in the last week of September, despite attacks on ships transiting the Strait of Hormuz, shipping data showed on Monday.
Preliminary data from ship tracking firm Kpler showed crude exports from the region increased on September 24 and between September 27 and 29. During the period, it exceeded pre-war levels, rising to 19.5 million to 22.5 million barrels per day.
Before the conflict between the United States and Israel broke out, that is, from March 2025 to February this year, exports averaged 18 million barrels per day.
Data show that the seven-day moving average of crude oil exports on October 1 was 18.5 million barrels per day. The data covers transport via the Strait of Hormuz and the Red Sea, exports from terminals, and ship-to-ship transfers in the Gulf of Oman.
Kpler data shows that in the week ended September 30, the total transportation volume of crude oil, oil products, chemicals and non-gaseous liquids averaged 22.4 million barrels per day.
The number of liquefied natural gas (LNG) vessels shipping through the Strait of Hormuz also increased in September, hitting the highest monthly level since February.
The above figures do not include ships passing through the strait with their Automatic Identification System (AIS) transponders turned off in order to avoid detection.
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