Persian Gulf oil exports double in September, Goldman says

Persian Gulf crude shipments reached 23.3 million barrels per day in September, doubling from the prior month and recovering to 108% of the 2025 average, according to Goldman Sachs. However, refined product exports like diesel and jet fuel remain at just 50% due to refinery outages and shipping risks. Goldman maintains its $85 Brent year-end forecast, seeing the global oil market roughly balanced.