CHART OF THE DAY: The plunge in oil freight rates.
— @JavierBlas Nov 13, 2026
The Persian Gulf-to-northeast Asia route remains very, very expensive. But outside the PG, every other route (including routes from Gulf of Oman) is down massively (50%-to-75%) from the peak of mid-September ⤵️.
RT by @carleygarner: CHART OF THE DAY: The plunge in oil freight rates. The Persian Gulf-to-northeast Asia route remains very, very expensive. But outside the PG, every other route (including routes from Gulf of Oman) is down massively (50%-to-75%) from the peak of mid-September ⤵️.
Written on 11/13/2026
@JavierBlas

