Shortage of supertankers pushes crude shipping costs to record highs

FinanceInternationalLa VanguardiaOct 26, 2026, 12:00 AM40 s readAI summary

Brent crude tops $117 and diesel exceeds $200 in international markets, driven not by product scarcity but by rising freight rates. According to Clarkson, chartering a supertanker on Middle East-Asia routes exceeds $1.4 million per day for the first time, versus less than $50,000 a year ago. Shipping now accounts for between 20% and 40% of the total price of crude destined for refining.

In 40 seconds

Chartering a supertanker on Middle East-Asia routes tops $1.4 million per day for the first time, versus less than $50,000 a year earlier
Shipping costs rose from $2 to $30 per barrel and now account for 20% to 40% of the total crude price
There are only 925 VLCC supertankers worldwide and 15% of the fleet is idle off the coast of Oman

Read the full story at La Vanguardia

IASummary generated by artificial intelligence from a story by La Vanguardia. It may contain errors: the original source prevails.

petróleo
fletes
Brent
diésel
refino

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Shortage of supertankers pushes crude shipping costs to record highs

In 40 seconds

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