Middle East crude oil tanker rates reached a multi-decade high in March

In March 2026, tanker rates for Very Large Crude Carriers (VLCCs) leaving the Middle East to Asia were the highest since at least November 2005, when data were first recorded. T...

Early report Major update Updated Mar 26, 2026, 2:00 PM UTC

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EIA: Middle East crude oil tanker rates reached a multi-decade high in March.

First seen Mar 26, 2026, 2:00 PM UTC Latest source Mar 26, 2026, 2:00 PM UTC

Update 1 33m ago

Middle East crude oil tanker rates reached a multi-decade high in March

EIA •published Mar 26, 2026, 2:00 PM UTC •fetched Mar 26, 2026, 1:03 PM UTC