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Crude Oil Prices Today | OilPrice.com

Oil prices slip as Kpler says Strait of Hormuz crude flows exceed prewar levels

AI Market Summary
Kpler provisional data indicate crude flows through the Strait of Hormuz have rebounded above prewar levels (19.5–22.5 mb/d), easing near-term supply disruption concerns despite recent regional attacks. The improved flow picture weighed on early-session crude prices, even as Brent held above $100. If confirmed, the data reduces the immediate geopolitical supply premium embedded in prices and can temper volatility tied to shipping risk.
Impact level
● Medium
Affected assets
NCCO1OILBRENT2USD/USDT-0.63%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
▼ Bearish
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Crude prices fell in early trading after Kpler data showed daily oil flows out of the Strait of Hormuz rose to 19.5 million to 22.5 million barrels in late September, above prewar levels. Brent remained above $100 a barrel, while WTI was at $89.73 a barrel. The figures were cited in Reuters’ description of “provisional data” from Kpler.
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