Saudi Petroline Flowing at 5.8 Million BPD, First Official Figure Since Attack
🛢️ PETROLINE — The bypass route everyone priced as "restored" is still 17% short. 📌 LOOK CLOSER: 5.8 mbpd against a pre-attack 7 mbpd baseline leaves a 1.2 mbpd gap unaccounted for — that's Hormuz bypass capacity the market assumed was back. With Hormuz closed, every barrel short on Petroline stays landlocked. The NGL line can flex to crude, but switching it costs NGL output. Riyadh just confirmed the ceiling on its own workaround.