Middle East Oil Exports Top Pre-War Levels for Part of September But Tanker Attacks Increase

By Florence Tan

SINGAPORE, Oct 5 (Reuters) – Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints cloud the outlook for sustained higher flows.

Ships transiting the Strait of Hormuz face a “heightened and increasingly unpredictable kinetic threat” given the recent sharp increase in traffic, Marisks, a shipping intelligence service, said on Saturday.

The seven-day moving average for crude exports from the region was 18.3 million barrels per day on September 30, provisional data from Kpler showed, with volumes topping pre-war levels on 14 days