The barrel ledger estimates Gulf oil reaching the market at 19.9 million barrels a day below its pre-war level on 30 Oct
Hormuz carrying 0.14 of its pre-war 20 · Fujairah bypass -0.3 · Yanbu bypass -1.2 · China's tanker imports against 2019-22 -1.5 · U.S. emergency stock release +0.06 (million barrels a day; the bypass, China and release lines are changes) · estimated from IMF PortWatch tanker counts and EIA data; tonnes converted at 7.33 barrels a tonne
Energy & Transport · Macro · IMF PortWatch and EIA · 29 Oct 2026