Fujairah Port oil exports fell sharply after the recent attack, dropping to 500K BPD on 5th May (vs 30-day average of 3.5-4mln), Windward data shows
The significant drop in oil exports from Fujairah Port to 500K BPD, down from a 30-day average of 3.5-4 million BPD, suggests a substantial supply-side disruption likely driven by the recent attack.
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Fujairah Port oil exports fell sharply after the recent attack, dropping to 500K BPD on 5th May (vs 30-day average of 3.5-4mln), Windward data shows
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This sharp decline may put upward pressure on global oil prices, especially for benchmark crude like WTI, while also raising concerns about supply stability in the region.
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