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Seaborne Logistics · CommodityScope Freight Indices

CommodityScope LR1 Freight Index

1,948.77 points

0.00%

Base: 1,000 on 1 Sep 2026 · CS Series: CS-TFI-LR1 · Updated 30 October 2026

Constituents

Each constituent is a separately maintained CommodityScope USD/mt freight assessment (CS-TFR). Absolute freight assessments remain on the route pages. The index uses the percentage change of each published assessment, not its absolute USD/mt level.

CommodityScope SeriesTrade laneBasisWeight
CS-TFR-CLN-AG-JPN-LR1-55Arabian Gulf → JapanLR1 55kt25%
CS-TFR-CLN-AG-SIN-LR1-55Arabian Gulf → SingaporeLR1 55kt25%
CS-TFR-CLN-USGC-UKC-LR1-60US Gulf Coast → UK ContinentLR1 60kt25%
CS-TFR-CLN-UKC-WAF-LR1-60UK Continent → West AfricaLR1 60kt25%

History

Daily index values in points from the published base of 1,000 on 1 Sep 2026. That base date is fixed for this series. 1D change is the percentage move versus the previous published index value.

DateIndex (points)1D Change
30 Oct 20261,948.770.00%
29 Oct 20261,948.77−0.95%
28 Oct 20261,967.36+1.85%
27 Oct 20261,931.660.00%
26 Oct 20261,931.660.00%
23 Oct 20261,931.66+0.71%
22 Oct 20261,917.97+0.95%
21 Oct 20261,900.00−0.74%
20 Oct 20261,914.22+2.28%
19 Oct 20261,871.57−0.25%

Daily Change

The LR1 Freight Index was unchanged at 1,948.77 points on 30 October 2026.

Monthly Statistics

MonthAverageLowHighObservations
October 2026 · month to date1,838.031,570.811,967.3622
September 20261,250.271,000.001,566.4922

The latest value is 55.9% above the September 2026 average of 1,250.27 points.

Highest and lowest published index values over the available history since the series base date. Highest: 1,967.36 on 28 Oct 2026. Lowest: 1,000.00 on 1 Sep 2026.

Constituent Performance

Index-date return of each constituent used in the latest index calculation. A constituent carried forward under the staleness rule is shown as 0.00% for that index date.

RouteWeightIndex-date returnContributionAssessment date
Arabian Gulf → JapanLR1 55kt25%0.00%0.00 pp30 Oct 2026
Arabian Gulf → SingaporeLR1 55kt25%0.00%0.00 pp30 Oct 2026
US Gulf Coast → UK ContinentLR1 60kt25%0.00%0.00 pp30 Oct 2026
UK Continent → West AfricaLR1 60kt25%0.00%0.00 pp30 Oct 2026

Methodology

Base value
1,000
Base date
1 September 2026
Calculation frequency
Daily on scheduled assessment days
Underlying data
Published CS-TFR assessments
Calculation
Chain-linked weighted changes in constituent assessments
Weights
Fixed constituent weights published above
Constituent review
Quarterly
Weight review
Semi-annual
CS Series
CS-TFI-LR1

Full CommodityScope Tanker Freight Index Methodology →

CommodityScope Tanker Freight Indices are calculated from defined baskets of CommodityScope tanker freight assessment series. Index values are expressed in points and are not direct freight quotations, TCE earnings estimates or contractual settlement benchmarks. See the CommodityScope Methodology Library.

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