Brent crude was still above $100 a barrel on Monday after Kpler data cited by OilPrice showed late-September flows out of the Strait of Hormuz above earlier wartime levels.
Crude prices eased in early Monday trade but Brent remained above $100 a barrel after shipping data suggested more oil was moving out of the Strait of Hormuz. OilPrice.com reported Brent at $101.20 and West Texas Intermediate at $89.73 at the time of its dispatch.
The site cited provisional Kpler data, also referenced by Reuters, showing Hormuz outflows of about 19.5 million to 22.5 million barrels a day between 27 and 29 September. That was about double flows from a month earlier, OilPrice wrote, even after reported attacks on Saudi energy sites and tankers.
The same data set has been used in recent weeks to argue that traffic was still below a ten-day average, so the rebound is not a settled picture of the waterway. Iranian officials have said the strait will not fully reopen until conditions in a June memorandum with the United States are met.
Higher Gulf flows would matter for Europe and Asia, which rely more on seaborne Brent-linked crude than on US inland WTI. The Brent–WTI gap remained wide in the prices OilPrice quoted.
Prices move quickly and the Kpler figures were described as provisional. This item records the Monday market reading and the flow estimate, not a declaration that the disruption is over.