🛢️
Crude Oil
liquid-bulk
Global Volume
42.0M TEU
📦
Avg Rate
$2,800
💰
Demand Trend
STABLE
📈
Top Routes
5
🛤️
DESCRIPTION
Unrefined petroleum shipped via VLCC and Suezmax tankers. The most traded commodity by volume globally. Prices and routes are heavily influenced by OPEC production decisions and geopolitical developments.
TOP ROUTES
01Ras Tanura – Ningbo
02Basrah – Yokohama
03Bonny – Rotterdam
04Houston – Shanghai
05Novorossiysk – Augusta