[JPMorgan: Brent Crude Oil Prices May Rise Above $100 Per Barrel] Odaily Planet Daily News - JPMorgan's commodities team stated that crude oil exports through the Strait of Hormuz have dropped to 4 million barrels per day, compared to the usual export volume of 16 million barrels per day. JPMorgan noted that even if the Strait of Hormuz is obstructed for only 3-4 weeks, it could force Gulf Cooperation Council member states to halt oil production and push Brent crude oil prices above $100 per barrel. (Jin10)