Intelligence Feed event · Geopolitical · 2026-09-25

    Kpler data show 33.7 million barrels of crude moved through the Strait of Hormuz in the week beginning September 20

    Question

    Kpler data show 33.7 million barrels of crude moved through the Strait of Hormuz in the week beginning September 20

    Direct answer

    Continued, near-normal weekly flow volumes temper the immediate physical-shortage case, while low vessel counts and operational uncertainty preserve a high volatility premium.

    Original publisher
    Market Ontology
    Evidence through
    2026-09-25
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Kpler data show 33.7 million barrels of crude moved through the Strait of Hormuz in the week beginning September 20”, revision 1, evidence through 2026-09-25. https://marketontology.com/market-events/2026-09-25/kpler-data-show-33-7-million-barrels-of-crude-moved-through-the-strait-of-hormuz-b9ad7e

    GEOPOLITICAL
    Kpler data show 33.7 million barrels of crude moved through the Strait of Hormuz in the week beginning September 20
    Continued, near-normal weekly flow volumes temper the immediate physical-shortage case, while low vessel counts and operational uncertainty preserve a high volatility premium.
    BRENT CRUDEVLCC FREIGHT RATES
    Impact
    78
    SEP 25
    SIG
    BRENT CRUDEVLCC FREIGHT RATES
    Kpler data show 33.7 million barrels of crude moved through the Strait of Hormuz in the week beginning September 20
    Continued, near-normal weekly flow volumes temper the immediate physical-shortage case, while low vessel counts and operational uncertainty preserve a high volatility premium.
    Impact
    Continued, near-normal weekly flow volumes temper the immediate physical-shortage case, while low vessel counts and operational uncertainty preserve a high volatility premium.
    Affected
    BRENT CRUDEVLCC FREIGHT RATES
    Source facts

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    BRENT CRUDEOngoing physical flows reduce the immediate likelihood of a complete supply stop through Hormuz.DownintradayKpler data put weekly crude movements at roughly the previous week’s level.
    VLCC FREIGHT RATESMaintained crude movement amid disrupted routing can require additional vessels and transshipment capacity.Up1-5dThe same market backdrop included elevated tanker demand and record VLCC charter rates.

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

    Sources

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