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Oil flows may be slowing after a rebound as Brent hovers around $100

One post notes a surge in Hormuz attacks after outbound oil flows rebounded, but cautions that any slowdown remains tentative.

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3 Sources, 13h ago, first seen 13h ago

TLDR

One post says Hormuz attacks surged in the past week after outbound oil flows recovered, but cautions it is too early to know whether a slowdown will last. FirstSquawk says analysts estimate a possible drop of 2–3 million barrels a day. It puts Brent around $100 a barrel and says high shipping, security and insurance costs are keeping the recovery fragile.

Combined views

103.1K

3 Sources, first seen 13h ago

408 likes16 comments28 saves37 reposts

Combined views

103.1K

3 Sources, first seen 13h ago

408 likes16 comments28 saves37 reposts

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Sentiment

Positive——Negative

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3 Sources

@Rory_JohnstonSpoke with @WSJ’s @georgikantchev about this past week’s surge in Hormuz attacks following the remarkable recovery in outbound oil flows. Tentative signs of a slowdown/pullback in oil flows, but as always it’ll take some time before we can be confident of any durable inflection.13h
@FirstSquawkOIL FLOWS ARE SHOWING SIGNS OF SLOWING, WITH ANALYSTS ESTIMATING A POSSIBLE 2–3 MILLION B/D DROP; BRENT REMAINS AROUND $100 A BARREL AS HIGH SHIPPING, SECURITY AND INSURANCE COSTS KEEP THE RECOVERY FRAGILE.11h
@ReutersMiddle East crude oil exports exceed pre-war levels but tanker attacks increase https://reut.rs/4hw2YdC https://reut.rs/4hw2YdC15m
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    3 Sources

    @Rory_JohnstonSpoke with @WSJ’s @georgikantchev about this past week’s surge in Hormuz attacks following the remarkable recovery in outbound oil flows. Tentative signs of a slowdown/pullback in oil flows, but as always it’ll take some time before we can be confident of any durable inflection.13h
    @FirstSquawkOIL FLOWS ARE SHOWING SIGNS OF SLOWING, WITH ANALYSTS ESTIMATING A POSSIBLE 2–3 MILLION B/D DROP; BRENT REMAINS AROUND $100 A BARREL AS HIGH SHIPPING, SECURITY AND INSURANCE COSTS KEEP THE RECOVERY FRAGILE.11h
    @ReutersMiddle East crude oil exports exceed pre-war levels but tanker attacks increase https://reut.rs/4hw2YdC https://reut.rs/4hw2YdC15m
    Today's Rank

    #11

    Today's Rank

    #11