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Home > Oil, Tanker Freight Rates Above 37 Dollars Per Barrel: The Shipping Crisis Puts Pressure On Refineries And Industry

Oil, Tanker Freight Rates Above 37 Dollars Per Barrel: The Shipping Crisis Puts Pressure On Refineries And Industry

27 October 2026 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

The rise in tanker freight rates has become a second source of pressure on the oil market, distinct from the price of crude. According to the International Energy Agency, in mid-October 2026 transporting a barrel from the Persian Gulf to Asia cost more than 37 dollars, more than five times its level before the Middle […]

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