Latest available quotes

Middle East Oil Supply Tracker

Three routes carry most Gulf oil and gas to market: the Strait of Hormuz, the Saudi East-West pipeline to Yanbu and the Red Sea, and the Bab el-Mandeb exit to the Indian Ocean. This page tracks the prices that reprice when any of them is threatened — crude differentials, product cracks, bunker fuel and European gas — each shown with the timestamp its source returned, and each spread computed only from inputs that are present and current.

Crude benchmarks

Brent prices the seaborne barrel that Asia turns to when Gulf loadings are at risk; Dubai prices the barrel that loads inside the Gulf. Their difference is the first place route risk shows up.

Brent

BRENT_CRUDE_USD

Atlantic Basin seaborne benchmark; the reference leg for every spread below

$104.32/bbl

Source timestamp:

This value carries a source timestamp from 8 minutes ago.

Brent live page →

Dubai

DUBAI_CRUDE_USD

Middle East sour crude benchmark for Asian buyers; the grade that loads inside the Gulf

$114.91/bbl

Source timestamp:

This value carries a source timestamp from 18 minutes ago.

Dubai live page →

WTI

WTI_USD

US light sweet benchmark; the barrel that does not depend on any of the three routes

$99.99/bbl

Source timestamp:

This value carries a source timestamp from 8 minutes ago.

WTI live page →

Urals

URALS_CRUDE_USD

Russian medium sour export grade competing with Gulf crude in Asia

$103.70/bbl

Source timestamp:

This value carries a source timestamp from 4 hours ago.

Urals live page →

Refined products

Gulf refineries are large exporters of gasoil, jet and diesel to Europe and East Africa. When the export route closes, product cracks widen before crude does.

Gasoil (Rotterdam)

GASOIL_USD

European diesel benchmark in dollars per tonne

$1478.00/t

Source timestamp:

This value carries a source timestamp from 19 minutes ago.

Gasoil (Rotterdam) live page →

Jet fuel

JET_FUEL_USD

US Gulf Coast jet kerosene in dollars per gallon

$4.340/gal

Source timestamp:

This value carries a source timestamp from 4 days ago.

Jet fuel live page →

ULSD diesel

ULSD_DIESEL_USD

Ultra-low-sulfur diesel in dollars per gallon

$4.850/gal

Source timestamp:

This value carries a source timestamp from 3 days ago.

ULSD diesel live page →

Heating oil

HEATING_OIL_USD

US distillate futures in dollars per gallon

$4.990/gal

Source timestamp:

This value carries a source timestamp from 11 minutes ago.

Heating oil live page →

Marine fuel and gas

A voyage rerouted around the Cape of Good Hope burns more bunker fuel, and Qatar's LNG leaves the Gulf through the same strait as its crude.

VLSFO (Singapore)

VLSFO_USD

Bunker fuel for the rerouted voyage; Cape of Good Hope legs burn more of it

$878.50/t

Source timestamp:

This value carries a source timestamp from 2 days ago.

VLSFO (Singapore) live page →

Dutch TTF gas

DUTCH_TTF_EUR

European gas benchmark; Qatar LNG exits the Gulf through Hormuz

79.52/MWh

Source timestamp:

This value carries a source timestamp from 5 hours ago.

Dutch TTF gas live page →

Route-risk spreads

Each spread is computed from two timestamped series above and shown only when both are present and within the daily freshness window. A missing leg removes the row; nothing is zero-filled. Gasoil is converted from dollars per tonne at 7.45 bbl/t; Brent is converted to dollars per gallon at 42 gal/bbl. VLSFO and TTF are not spreads — read them directly: VLSFO for the bunker cost of a rerouted voyage, TTF for Qatar LNG exposure.

Brent − Dubai

-10.59$/bbl

A widening Brent premium over Dubai signals Atlantic crude pricing away from Middle East sour grades — Asian refiners paying up for barrels that do not transit the Gulf.

BRENT_CRUDE_USD − DUBAI_CRUDE_USD

Inputs: BRENT_CRUDE_USD 104.32 · DUBAI_CRUDE_USD 114.91 · as of

Brent − WTI

+4.33$/bbl

A wider Brent premium over WTI signals seaborne crude repricing faster than landlocked US barrels, and pulls US exports toward Europe and Asia.

BRENT_CRUDE_USD − WTI_USD

Inputs: BRENT_CRUDE_USD 104.32 · WTI_USD 99.99 · as of

Gasoil crack

+94.07$/bbl

A widening gasoil crack signals lost Middle East product exports and refining capacity — Europe paying more for diesel relative to the crude it is made from.

GASOIL_USD ÷ 7.45 bbl/t − BRENT_CRUDE_USD

Inputs: GASOIL_USD 1478 · BRENT_CRUDE_USD 104.32 · as of

Jet fuel vs Brent

+1.856$/gal

A widening jet premium signals kerosene tightness as Gulf refinery output and export routes are disrupted; airlines feel it as fuel surcharge pressure.

JET_FUEL_USD − BRENT_CRUDE_USD ÷ 42 gal/bbl

Inputs: JET_FUEL_USD 4.34 · BRENT_CRUDE_USD 104.32 · as of

Diesel vs Brent

+2.366$/gal

A widening diesel premium signals distillate scarcity — the product most exposed when Middle East refinery exports and tanker routes are cut.

ULSD_DIESEL_USD − BRENT_CRUDE_USD ÷ 42 gal/bbl

Inputs: ULSD_DIESEL_USD 4.85 · BRENT_CRUDE_USD 104.32 · as of

Need this data in your app?

GET /v1/prices/latest?by_code=BRENT_CRUDE_USD $104.32
Free API Key

Pull every series on this page in one request

curl -H "Authorization: Token YOUR_API_KEY" \
  "https://api.oilpriceapi.com/v1/prices/latest?by_code=BRENT_CRUDE_USD,DUBAI_CRUDE_USD,WTI_USD,URALS_CRUDE_USD,GASOIL_USD,JET_FUEL_USD,ULSD_DIESEL_USD,HEATING_OIL_USD,VLSFO_USD,DUTCH_TTF_EUR"

Every response carries a source timestamp, so the spreads above can be reproduced from the payload alone.

Frequently asked questions

Which oil prices move when the Strait of Hormuz is threatened?

Dubai crude reprices first because it loads inside the Gulf, then Brent as Asian refiners bid for Atlantic barrels that do not transit the strait; the Brent–Dubai spread captures the difference. Refined products follow because Gulf refineries export gasoil, jet and diesel through the same water, and VLSFO bunker prices rise as tankers reroute. Dutch TTF gas reacts because Qatar's LNG also exits through Hormuz.

What does the Saudi East-West pipeline have to do with the Red Sea?

The East-West (Petroline) pipeline carries crude from the Eastern Province to Yanbu on the Red Sea, letting Saudi Arabia export without passing Hormuz. That bypass only works if tankers can leave the Red Sea through Bab el-Mandeb. When both the strait and the pipeline-to-Yanbu route are disrupted, the crude benchmarks and gasoil crack on this page tend to widen together.

How are the route-risk spreads on this page calculated?

Every spread is computed from two timestamped API series and shown only when both are present and within the daily freshness gate; a missing leg omits the row rather than showing zero. Brent–Dubai and Brent–WTI are plain differences in dollars per barrel. The gasoil crack converts gasoil from dollars per tonne to dollars per barrel at 7.45 bbl/t and subtracts Brent. The jet and diesel spreads convert Brent to dollars per gallon at 42 gal/bbl and subtract it from the product price.