• Enterprise Products Partners outlined a scenario in which a Strait of Hormuz closure constrains 12 million to 15 million barrels per day across crude, refined products, LPG, and petrochemicals, cutting almost 500 million barrels of hydrocarbon supply from the market each month.
• Global hydrocarbon inventories were described as down almost 800 million barrels since March 1, with an estimated 9 million barrels per day deficit over 81 days.
• U.S. petrochemical economics were shown to strengthen, with U.S. ethane-to-ethylene cracking margins at 25 cents per pound versus 7 cents pre-war.
• Enterprise ethylene exports were shown at 153,000 tons per month versus 74,000 tons pre-war, alongside a chart indicating U.S. liquid hydrocarbon exports up 3 million barrels per day while non-U.S. exports fell 15 million barrels per day.
• Slides also highlighted a shift in pricing expectations, with a bank consensus view for 2026 WTI at USD 58 versus a separate table showing a 2026 WTI level of USD 88.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein.