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Iran's Crude/Condensate Exports Remain Above 1mn bpd in Nov

OIL

Iran’s observed crude and condensate exports slipped to 1.15mn bpd in November from 1.33mn bpd in October according to Bloomberg vessel tracking – cross checked against Kpler levels.

  • Flows may have slipped but remained about 1mn bpd for a tenth consecutive month.
  • 15 VLCCs, 5 Suezmaxes and 1 Aframax began sending signals indicating that they left Iran with cargoes of crude or condensate in November according to Bloomberg.
  • Bloomberg said revisions should see Iran’s November pace rise higher still.
Energy BulletsCommodities
Energy BulletsCommodities

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