Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?

Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?

Tsvetana Paraskova

Mon, August 17, 2026 at 2:00 AM GMT+3 4 min read

U.S. Energy Secretary Chris Wright this week said that the oil exports from the Middle East have rebounded to 15 million barrels per day (bpd) and even topped the pre-war average of 20 million bpd on Sunday.

Vessel-tracking services and commodity analysts are baffled and struggling to reconcile these numbers with their observations of tanker loadings and traffic in the region.

Ship-tracking data shows oil flows out of the Strait of Hormuz are, at best, half the volume cited by Secretary Wright.

Of all oil exports out of the Middle East, various tanker-monitoring data show a gap of between 3 million bpd and 5 million bpd, as most vessel-tracking companies are estimating only about 9 million bpd leaving the region via all its export channels so far this month, per the data compiled by Reuters columnist Clyde Russell.

In the middle of this week, the U.S. energy secretary posted on X that oil flows from the Middle East have normalized, with Sunday traffic alone above pre-conflict averages, in a claim that appears not to be backed by ship-tracking data.

"It is not possible to reconcile the disparity between what we see and what he is quoting," Matt Smith, director of commodity research at Kpler, told CNN, commenting on Wright's claim.

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Kpler data showed earlier this week that vessel traffic at the Strait of Hormuz continues to decline as last week's hopes of negotiations of a U.S.-Iran deal began to fade, yet again.

Secretary Wright then doubled down on this claim, posting that "In coordination with the U.S. military, the U.S. Department of Energy maintains the best available data related to oil and oil products leaving the Arabian gulf."

He went on to add that "Many private businesses undercount the number of ships leaving the Strait of Hormuz due to ships moving covertly through the waterway."

The U.S. official did not reveal how "the best available data related to oil and oil products leaving the Arabian gulf" is being compiled and/or analyzed.

The private businesses tracking the shipments estimate current oil flows out of the Strait of Hormuz at up to 5 million bpd at best, and at about 9 million bpd-10 million bpd for the entire Middle Eastern region.

Even the U.S. Energy Information Administration (EIA) said this week in its monthly Short-Term Energy Outlook (STEO) that traffic at Hormuz remains "severely constrained" and assumes this would be the case throughout August.

At any rate, the next five to six weeks will show how accurate (or not) the U.S. claim is, as the exports now leaving the Middle East will begin appearing in import data in various countries, Reuters' Russell notes.

Of course, there is the possibility that vessel-tracking services could be underestimating the Middle East's current export volumes, due to heightened dark-mode activity of tankers.

But it is equally possible that the U.S. Administration is spinning a wishful thinking of one outcome of the war in Iran, as this week showed a new deadlock in the U.S.-Iran talks and the contrasting claims of control over Hormuz.

Or simply the U.S. Administration could be trying to talk down oil prices again, with the midterm elections in November approaching but Americans still paying high gasoline prices.

The national average price of gasoline remained above $4 per gallon this week.

"While gasoline demand is down, crude oil prices are keeping pump prices higher than normal for this time of year," AAA said on Thursday.

"So far, this is the highest August on record when it comes to the national gasoline average."

This means that Americans have never paid so much for gasoline this late in the year.

"Going back to 2008, the cheapest national average price of gasoline on this calendar day- Aug. 13- was $2.13/gal in 2016 and the most expensive is today, at $4.06/gal," Patrick de Haan, head of petroleum analysis at GasBuddy, said on Thursday.

By Tsvetana Paraskova for Oilprice.com

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