Oil
Middle East Oil Flows Far from Normal Despite Signs of Oversupply
CEII brief
OilPrice.com reported on 11 Nov 2026: Middle East Oil Flows Far from Normal Despite Signs of Oversupply.
Read the full story on OilPrice.comCrude oil flows through the Strait of Hormuz and the whole Middle Eastern region have recovered to close to pre-war levels, vessel-tracking services have been signaling for over a month now.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
9.5% of world merchandise exports were fuels in 2025Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
