Oil tanker freight rates chart. Updated on a monthly basis.

Oil tanker freight rates chart Accessed Mar 29, 2021 · The Suez Canal blockage has pushed tanker rates up and put additional pressure on an already tight container market. He reduced his 2022 forecast for non-eco (i. Throughout 2021, freight rates remained weak. Current freight rates in %Ws which are calculated from all dirty — Latest global tanker fixtures — Daily updated independent Worldscale rates and freight assessments — Separate East of Suez, West of Suez and Americas commentaries — Crude deals concluded in the Market-on-Close assessment process — Corresponding Market Data codes and Marine Alert page numbers Sep 13, 2022 · LNG shipping rates top $100,000/day, oil tanker rates still rising (75,000 DWT) were earning $56,500 per day and MR tankers (50,000 DWT) $54,200 per day. Finland says oil tanker linked to subsea cable damage has serious deficiencies; Tax Update Shipping & Offshore – January 2025; and this could push freight rates upwards. 5 Cur/unit USD/mT Area NL Update Frequency Intraday. Crude Oil WTI Futures. pandemic, tanker freight rates recovered in 2022 across various segments, in particular Aframaxes1. Weight. Marex holds one of the largest databases of historical information on tanker routes and offers a range of market monitoring tools, including read-only live market price feeds. This week's tracker also looks at oil demand recovery Gain a comprehensive picture of the most important developments in the clean tanker market with: — Daily updated independent Worldscale rates and freight assessments — Separate East of Suez, West of Suez and Americas commentaries — European clean product barge freight rates — Latest market fixtures — Global tanker-sensitive news Jan 9, 2024 · Sinochem fixes WAF China voyage using 2024 flat rates WAF East VLCC $/mt freight values up nearly 20% since start of 2024 Firming West of Suez dirty tanker market driven by strength in US Gulf The fir Oct 18, 2023 · Current freight rates in %Ws which are calculated from all dirty spot fixtures for which rates were reported during the month. 2021 averages across major vessel classes benchmark routes . S. New York time each weekday. . 8% to a one-week low of 1,023 points. “The expected tanker market recovery has been delayed by the spread of omicron,” said Giveans. 5. Weekly no of tankers Data Source: Clarkson Research Services 6. Forecast still points to significant oversupplyStrong tanker markets as oil consumption reaches record high. The EU ban on seaborne imports of Russian crude went into effect Dec. USA Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 12,140. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430 Jun 28, 2007 · Charts from June 2007 IEA Oil Market Report. According to Hellenic Shipping News, petroleum tanker rates for routes Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. The latest in tanker freight and fixture rates, giving you a full view of the most important developments, so you can effectively analyze the tanker m Learn More Shipping tankers bulkers baltic exchange tanker freight indices baltic exchange bulker freight indices current week last week last year current week last week last year bdti 821 841 1473 bdi 1048 1072 1460 bcti 629 591 741 bci 1448 1375 2172 bpi 953 1040 1410 bsi 819 884 1088 tanker 12 months t/c rates dwt current week Argus Tanker Freight gives you access to daily prices on more than 250 routes for clean, dirty and specialised tankers, available in multiple units – from Worldscale and lumpsum to USD/bl. to over $4 a barrel against Dubai quotes on a cost-and-freight basis for delivery in April from 2. Bolstered by high freight rates and strong global demand for oil and oil products, tanker owners are taking advantage of favourable market conditions. 022 saw a record boom in crude and product tanker freight rates. The rise in freight rates come ahead Jul 6, 2007 · Wordscale Chart of VLCC Freight Rates July 2006 - June 2007 click on image for larger view (source: Simpson, Spence & Young) Weekly Oil Tanker Rates - July 6th Aug 29, 2024 · A shift back to normal routings as assumed in 2025 should begin to exert pressure on second-hand prices as well as on time charter and freight rates in the product tanker sector. Oct 12, 2022 · Image 3 Data Source: The Signal Ocean Platform, Crude Seaborne Oil Flows, VLCC, 2021-2022, as of the end of September 2022 ‍2. Sanctions affect both crude and clean product tankers. goods shipments to China reached a significant peak, the highest this year and the previous. This can be mostly attributed to the weather and geopolitical climate which has fostered two distinct characteristics on the global vessel supply-side: lack of tonnage fluidity and Jan 11, 2023 · Inflation and increasing distances to transport oil arising from sanctions on Russian barrels could contribute to a doubling of freight costs in 2023, Rustin Edwards, head of fuel procurement at tanke Jan 21, 2022 · Freight rates vs. Tanker Chartering and Freight Rates - 2023 - Oil and Energy Trends - Wiley Online Library Aug 17, 2021 · Current freight rates in %Ws which are calculated from all dirty spot fixtures for which rates were reported during the month. 77 Worldscale (W) to 38. C. 2021 sees strong demand frustrated by logistics constraints Dec 14, 2022 · In April 2020, an oversupply of crude oil and refined petroleum products, resulting from decreased demand during the COVID-19 pandemic, drove both clean and dirty tanker rates to record highs. The disruptions to the Suez Canal, the Red Sea and the Panama Feb 14, 2024 · Following a significant uptick in 2023, tanker newbuild activity is expected to continue to surge in 2024. Cargo growth is forecast to be 2-3% in 2024 and 1-2% in 2024. -loading supertankers have skyrocketed as Asian refiners turn to the U. 8% and 2. 53 10,479. Volume 49, Issue 7-8 p. 1; Strives to profit from increases in oil freight futures beyond what is already priced in the market. 43 per barrel more or 42% higher than the baseline rate between early March and mid-April. Dec 21, 2019 · Oil freight rates from the US Gulf Coast for Aframax crude tankers hit a new record this week, according to shipbrokers cited by Reuters, as demand increases for US crude oil bound for Europe and Jan 10, 2024 · The freight rally has increased the premium for West Texas Intermediate (WTI) crude from the U. Rates subsequently fell yet remained above pre-2019 levels. Two key systems, Worldscale and AFRA (Average Freight Rate Assessment), provide standardized methods for calculating and comparing these rates. Tanker freight rates continued their upward trend in 2023. 0% respectively on last year. Aug 14, 2023 · Argus Tanker Freight Issue 23-158 | Monday 14 August 2023 DIRTY TANKERS - EuRopE, MIDDlE EAST AND AfRIcA VLCC rates WS----30 40 50 60 70 80 90 100 110 20 Feb 23 19 Apr 23 19 Jun 23 14 Aug 23 West Africa-China 260kt Mideast Gulf-Asia Pacific 270kt crude tanker rates hold steady Tanker freight rates for crude cargoes were stable to start May 3, 2023 · The first and only freight futures exchange-traded product exclusively focused on crude oil tanker freight rates. The last schedule of tanker voyage rates to be issued by the British Ministry of Transport gave rates effective 1st January 1946 and this schedule became known simply as "MOT". Oil and Energy Trends. This page includes a chart with historical data for Containerized Freight Index. Key content includes: Dirty tanker spot market rate Average spot freight rates by vessel category; Dirty tanker rates; Dirty tanker costs; In 2023, for example, global oil demand expanded, year-on-year, by 2. Updated on a monthly basis. By 2007, the ratio of tanker capacity on order to tanker capacity in operation had reached 40%. 2 Jan 3, 2023 · (Charts: Argus Media) More tankers entering non-Russia trades. sanctions on Russia and rising demand from Asia. Crude tanker rates have now fallen well below rates for product tankers — vessels that carry cargoes such as diesel, gasoline and jet fuel. 5% in 2024 and 2-3% in 2025. Nov 28, 2024 · In 2026, both markets are forecast to see lower freight rates. Freight rates for crude and products will see rapid gains in 2023 and 2024 — similar to 2008, when rates often exceeded $100,000/d — with demand growth outpacing tanker supply, according to shipping association Bimco. Nov 14, 2024 · TANKER Handy TANKER MR IMO3 TANKER LR1 TANKER LR2 TANKER Panamax TANKER Aframax TANKER Suezmax TANKER VLCC; Swaps Clean 37 k Clean 38 k Clean 55 k Clean 75 k Dirty 135 k Dirty 80 k Dirty 130 k Dirty 260 k; versus $/day versus $/day versus $/day versus $/day versus $/day versus $/day versus $/day versus $/day; INDEX 7TC avg T. A large table was created as result. Vessel Type. Spot rates for non-eco-design VLCCs averaged just $17,900 per day on Wednesday, down 47% month on month (m/m), according to Clarksons Securities. Historically, there has been a visible degree of seasonality in the tanker market as freight rates have tended to perform better during the first quarter and the fourth quarter of a calendar year when seasonal oil Worldscale is a schedule of nominal tanker freight rates used as a standard of reference by means of which rates for all voyages and market levels in the crude and oil products tanker trades can be readily compared and judged. See full list on handybulk. Dirty tankers mostly carry crude oil, but they can also haul high-sulfur petroleum products such as residual fuel oil. First Current freight rates in %Ws which are calculated from Aug 18, 2023 · Current freight rates in %Ws which are calculated from all dirty spot fixtures for which rates were reported during the month. USA Inbound Ocean TEUs Index IOTI. e. Oil tankers are categorized into two main types based on cargo: Crude Oil Carriers: Transport unrefined oil from extraction points to refineries. 90% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. The restrictions also included EU and G-7 sanctions forbidding EU and G-7 insurance and shipping services for tankers carrying Russian crude to non-EU buyers if the crude was priced over $60 per barrel. 2% to crude tanker demand in 2024 compared to 2022, matching the expansion of cargo volumes. This was driven by the disruptions and limited supply caused by geopolitical and other key factors. Gulf to China. Products; Discussion The surge in freight Oct 1, 2024 · Oil and Energy Trends. ; Product Carriers: Move refined petroleum products such as gasoline, jet fuel, and lubricating oils from refineries to consumer markets. com Trusted data for tankers. Crude tanker growth will also remain muted in the coming few years as the order book to fleet ratio remains very low at 4. However, in line with freight rates, we have recently seen time charter rates for both sectors fall behind last Container freight rates Dry bulk freight rates Tanker freight rates Increase in global import price levels LDC +2. Week 29, July 19, 2024. 5% from end 2022 to end 2024 and the . The report is published electronically by 9:30 a. USA Tender Rejection Rate OTRI. 65 Points or 6. Mar 10, 2023 · Spot rates for very large crude carriers (VLCCs) — tankers that carry 2 million barrels of oil — just breached the $100,000-per-day threshold. 7% In its latest weekly report, shipbroker Intermodal said that “over the past month we have seen a resurgence in oil tanker freight rates as the Baltic Dirty Tanker Index (BDTI) has risen from Mar 5, 2022 · Whilst an excess of crude oil in the market can negatively affect prices, it will translate to higher available cargoes for charter and, if supply of vessels remains constant, be a positive for tanker rates. sanctions on Russia's Apr 11, 2024 · High refinery margins, slow fleet growth seen pushing rates higher Tightening oil market likely to weigh Global dirty and clean tankers freight rates are expected to remain elevated in the second quar Jan 23, 2024 · Product tanker rates are showing signs of strength, and have the potential to crush even the records set in 2022—and the number of oil cargoes transiting through the Bab el-Mandeb Strait is falling. m. FREIGHT RATES AND TRANSPORT COSTS 61 A. Nov 24, 2022 · This copy is for your personal, non-commercial use. Thank You to the great Oil Tanker Industry and each person that makes it work like clock work. Tanker Chartering and Freight Rates - 2023 - Oil and Energy Trends - Wiley Online Library Oct 10, 2024 · Global tanker freight is expected to remain subdued for the rest of 2024 with key support already priced in. Increased sailing distances due to the Red Sea crisis are expected to lift demand in the first half of 2024, whereas the continued shift of crude supply towards the Americas and of crude demand towards Asia will add to average sailing distances Feb 25, 2022 · Rates for Very Large Crude Carriers (VLCCs) from the Middle East to China, Asia's benchmark for crude freight, rose 4. 5-7. ban on Russian oil. Sources have told Reuters it's on expectations of a tightening in global tanker supply from wider U. May 29, 2024 · Trade changes due to sanctions on Russian oil exports increased sailing distances in 2023 by 3. Wall Street experts tell our Logistics dept will soon be controling hundreds of orders everyday of Lifts/shipping bulk fuels. 19 10,187. This was a result of the war in Ukraine, shifts in energy flows and increased ton-miles. Tanker Shipping Market Overview & Outlook . Tanker shipping is a highly cyclical business with freight rates driven by numerous factors. 14%. Current Index. 1% of Tankers Fleet Is Currently Used for Floating Storage Oslo | 8 January 2021 Weekly Tanker Rates | By Jørn Bakkelund, Senior analyst 6 0 100 200 300 400 500 600 0 20 40 60 80 100 120 x t Aframax Crude Tankers Storage Suezmax Tankers Storage UL/VLCC Tankers Storage Tanker >=10K China Import Crude Oil Tanker Freight Index(CTFI) Trade Routes Description: Tons. Here then was the genesis of the principle for tanker rate schedules, namely the Owners should receive the same net daily revenue irrespective of the voyage performed. , older) very large crude 1 day ago · STORY: Oil shipping rates extended their rally on Wednesday (Jan. Because you are not logged, data on display are delayed by 60 days. Nov 28, 2023 · We estimate that the crude tanker and product tanker fleet will end 2023 up 1. The Baltic Exchange provides a complete picture of the tanker market through our daily physical and forward assessments, weekly Sale & Purchase and vessel recycling data, and quarterly benchmark of operating costs. 7TC Oct 4, 2024 · PALM OIL CRUDE Freight Rate RDM Recalculated Delivery Terms CIF Rotterdam Date Range OCT24 Last Update 04 Oct 24 23:00 Last Price 253. Tanker Chartering and Freight Rates. It covers major trade routes, tanker business activity, rate assessments for the most important trades and vessel sale and purchase, current bunker prices for major ports and recent historical rate comparisons. Inflation and increasing distances to transport oil arising from sanctions on Russian barrels could contribute to a doubling of freight costs in 2023, Rustin Edwards, head of fuel procurement at Mar 20, 2024 · Monthly container freight rate index worldwide 2023-2024; Tanker freight includes crude oil, refined petroleum products, gas, and chemicals. This copy is for your personal, non-commercial use. Statista. The increase impacts rates across various routes, including Middle East to Asia and U. The tanker market remained strong, mainly because of the continuing and exceptional fall in oil prices. Tanker Freight Rate, 30 Kt Crude Palm oil from Malaysia/Indonesia, recalculated, CIF Rotterdam, ( in Dollar per metric ton ), intraday updates Jan 26, 2022 · Jefferies analyst Randy Giveans cut his tanker rate estimates on Wednesday, the latest in a string of analyst pullbacks (see chart below for data on all analyst revisions). to China and India, and even to India, as September ended with one of the highest levels since the beginning of the year. HD Hyundai Heavy Industries stock exceeds 300,000 won amid strong investor sentiment; Adani Ports records 8% YoY growth in Dec’24 cargo volumes Nov 22, 2022 · Soaring tanker rates are weighing on the oil market as the earnings on the benchmark key crude oil trading route hit $100,000 per day All Charts. Vortexa forecasts what 2022 has in store for freight markets. Geopolitical tensions between Russia and Ukraine reshaped the macroeconomic scene and we entered a new era of changed seaborne FREIGHT RATE REPORT 7 FIGURE 5: FREIGHT MARKET KEY METRICS FROM PREVIOUS SEVEN QUARTERS METRIC DAILY AVERAGES Tendered Load Volumes Index OTVI. 15). 60-60. So whilst demand for shipping is a result of oil demand, tanker rates are then affected by the supply of ships in a given region, for a 3. 5% SIDS +7. Tanker Chartering and Freight Rates - 2021 - Oil and Energy Trends - Wiley Online Library The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, eased for a third straight session on Thursday, slumping about 3. 99 Jun 12, 2023 · For an 80,000-ton cargo of Russian Urals loaded in Novorossiysk aboard an Aframax-class tanker and shipped to the west coast of India, Argus data shows that freight averaged $3. 29 +0. Looking specifically at Chinese demand growth in tonne-miles and -days, we find that the third quarter was an exceptional year, as growth in U. (Charts Jun 15, 2023 · Crude oil tanker Ottoman Sincerity is pictured in the northern anchorage as she waits for to cross Bosphorus Strait, in Istanbul, Turkey December 6, 2022. 6 OIL PRODUCTS. Get detailed information on the Baltic Clean Tanker including charts, technical analysis, components and more. FUEL OIL CST 380 in US$/mT; FREIGHT - TANKER CLEAN $/mT RATES. Containerized Freight Index decreased 169. Feb 20, 2022 · Tanker shipping is a highly cyclical business with freight rates driven by numerous factors, but in the medium to long-term vessel supply and demand are the main drivers. 25 10,996. November 29, 2022. Focus on China & India:‍. May 2, 2023 · Tanker shipping stocks sink despite talk of looming rate boom; Ship fuel cost way down from war peak, but ‘green’ fallout looms; Price cap on Russian crude could soon face its biggest test; European tanker owners make a fortune off Russian oil trade; OPEC+ throws tanker shipping a curveball, shaking confidence Mar 23, 2023 · Tanker owners flush with cash ordered a lot more ships, just as container shipping companies did in 2021-2022. 82W on Friday, a shipbroker said, referring to points Bank expects lower freight rates in tanker market after slow months Since 2022, shipping companies have taken advantage of a red-hot tanker market to reduce debt. Additionally, you will get TCE, demurrage and lightering rates, canal delays, FFA prices and carbon costs. Combined, trade restrictions due to war and crises are therefore expected to add 10. In negotiating a price to pay, the rate is referred to as WS100, or 100% of Worldscale. The more balanced supply/demand development expected in the crude tanker sector may in the meantime help this market avoid a similar pressure. Unit. Chart. The same scale is used today, although it was merged with the American Tanker Rate Schedule (ATRS) in 1969. Mar 5, 2024 · Despite the weaker trade fundamentals that have been observed over the past 4 months, tanker freight rates across all segments remain at stubbornly healthy levels. In 2024, tanker freight rates for both crude (unrefined oil) and product tankers (which carry refined oil such as petrol and diesel) stayed high and unpredictable, much as in 2023. These are likely to increase further, and experience more fluctuations Jun 22, 2023 · After sinking to fresh lows in the early part of the year, freight rates for U. 2021 saw a more tepid year, with freight rates overall languishing at their lowest levels in years. GaryB@OilTradingFloor. market amid production cuts elsewhere Recent News. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430 2 days ago · Oil shipping rates have spiked due to U. 16 10,160. Shell and other major entities are booking large carriers, driving up costs. 2% LLDC +0. So whilst demand for shipping is a result of oil demand, tanker rates are then affected by the supply of ships in a given region, for a Explore the latest news on the tanker sector, crude, product and chemical tankers, LNG and LPG carriers, freight rates and fleet developments, brought to you by the editors of Seatrade Maritime News Oct 15, 2022 · Image 6 Data Source: The Signal Ocean Platform, Ton Charts, 2020 - 2022 ‍ 2. com Jun 7, 2022 · Tanker rates have exploded to multi-year highs following an uptick in demand spurred by the U. 6 2 days ago · Fearnleys Weekly Report provides updates on tanker, dry bulk, and gas chartering rates, newbuilding activity, sale and purchase prices, and market briefs. Change Oops, Something went wrong! Sorry, we can not find the report for this date Oct 19, 2024 · Understanding freight rates in the oil tanker industry is crucial for shipowners, charterers, oil companies, and traders involved in the global transport of crude oil and refined products. IN 2021, CONTAINER FREIGHT RATES ARE SKY-HIGH, BUT IN 2022 FALL AGAIN In 2021, there was an enormous surge in global container shipping freight rates which peaked in January 2022. Labels: Aframax, chart, crude oil, freight, graph, IEA, Oil Market Report, OMR, product tanker, rates, Suezmax, tanker Jul 19, 2024 · Tanker - Weekly Market Monitor . This is aimed at making the business of fixing tankers simpler, quicker and more flexible. Forecasting Time Charter Equivalent Oil Tanker Freight Rates - determinant driven, route-specific Markov regime-switching models Eivind Hjertaker Molvik Martin Salte Stafseng Industrial Economics and Technology Management Supervisor: Sjur Westgaard, IØT Department of Industrial Economics and Technology Management Submission date:April 2018 FREIGHT RATES AND MARITIME TRANSPORT COSTS 3 In 2015, most shipping segments, except for tankers, suffered historic low levels of freight rates and weak earnings, triggered by weak demand and oversupply of new tonnage. Contracting of product tankers has in the meantime increased significantly during 2023 and the order b Jun 1, 2022 · Whilst an excess of crude oil in the market can negatively affect prices, it will translate to higher available cargoes for charter and, if supply of vessels remains constant, be positive for tanker rates. Jan 2, 2025 · Oil Tanker Types. Chart of the Week: Dirty & Clean Tonne Days Jan 26, 2024 · The charts of the day from the latest Goldman Oil Tracker Goldman's indices of global freight rates for clean and dirty oil tankers have risen 1$/bbl (16%) and 0. 3% for crude and product tankers respectively. While both systems serve similar purposes, they differ Average spot freight rates by vessel category; Dirty tanker rates; Dirty tanker costs; In 2023, for example, global oil demand expanded, year-on-year, by 2. Tanker Chartering and Freight Rates - 2021 - Oil and Energy Trends - Wiley Online Library 4 hours ago · The global oil market has been rattled by the sanctions package, with futures pushing higher, freight rates - including on routes from Kozmino — surging, and some customers seeking alternative Aug 27, 2021 · Low freight rates are set to continue to weigh on the crude tanker market into 2022, analysts believe, with shipowners unlikely to scrap vessels due to a young fleet, high costs to scrap and buy new ships and optimism that oil demand will continue to recover. Tanker values continued to rise despite the ups and downs in freight rates during the 2000s supercycle. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430 Jul 25, 2024 · Tanker shipping market outlook for H2 2024. 77. Disruption has built on disruption for the tanker markets generally keeping rates at high levels while newbuilding deliveries remain low. 6% World +1. This increase is Feb 1, 2021 · Current freight rates in %Ws which are calculated from all dirty spot fixtures for which rates were reported during the month. 5% SIMULATED IMPACT OF IMPROVING MARITIME TRANSPORT COST DETERMINANTS Simulation is conducted using the new dataset developed by UNCTAD and the World Bank Port infrastructure Shipping connectivity-3. Brent Oil Futures Fed Rate Monitor Jan 9, 2025 · Visit TradeWinds for the best news, insight and opinion covering the global shipping business. Vessel supply is the one factor controlled by the shipping industry and the supply of vessels is impacted largely by capital flows into and out of the sector, but also Cyclical behavior of freight rate. Aug 24, 2011 · Worldscale is a methodology used to establish payment of freight rates for an oil tanker’s cargo. But freight prices will come under pressure in 2025, says bank. Tables. 1. 3%. 01 10,909. the crude tanker fleet will grow only 2. Our tanker information is independent and underpins physical and FFA contracts. VLCC - Ton Miles / Ton Days Focus on China from USG. 8$/bbl (25%), respectively Aug 10, 2022 · Shipping costs for mid-size oil tankers from the US Gulf to Europe are near the highest levels since early in the pandemic, due to changes in trade flows amid Russia’s war in Ukraine and fewer Marex brokers physical freight between ship owners and oil companies/traders in crude, DPP and CPP worldwide. It is interesting to note the increase in the monthly volume of shipments from the U. Dec 14, 2021 · In last year's freight forecast Vortexa described 2020 as one of the most volatile years on record. Year-to-date, the weaker crude tanker freight rates compared to last year have not caused time charter rates and second-hand prices to fall below last year’s levels. Specifications Guide Global Freight Latest update: December 2024 Definitions of the trading locations for which Platts publishes daily indexes or assessments. Aug 21, 2007 · Oil Trading Floor places dozens of orders each day to lift/ship bulk Oil and Fuels around the world. 7TC avg T. 0% and 2. Sep 6, 2023 · Crude tanker rates sinking. One could easily think it was only a weakness compared to exceptional earnings during the first half of 2020, as well as the second half of 2019. First published: 12 January 2023. 68 10,533. 11 +0. Snapshot of Crude and Product Freight Rates, Supply-Demand. Feb 29, 2024 · We estimate that crude tanker demand will increase by 6. dyrl ztkzuq dzbveu hzk hsoji oyzcle wpm bkq oog kerof