Seaborne Logistics · CommodityScope Freight Indices
CommodityScope LR1 Freight Index
1,276.48 points
▲ +2.05%
Base: 1,000 on 1 Sep 2026 · CS Series: CS-TFI-LR1 · Updated 17 September 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 Series | Trade lane | Basis | Weight |
|---|---|---|---|
| CS-TFR-CLN-AG-JPN-LR1-55 | Arabian Gulf → Japan | LR1 55kt | 25% |
| CS-TFR-CLN-AG-SIN-LR1-55 | Arabian Gulf → Singapore | LR1 55kt | 25% |
| CS-TFR-CLN-USGC-UKC-LR1-60 | US Gulf Coast → UK Continent | LR1 60kt | 25% |
| CS-TFR-CLN-UKC-WAF-LR1-60 | UK Continent → West Africa | LR1 60kt | 25% |
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.
| Date | Index (points) | 1D Change |
|---|---|---|
| 17 Sep 2026 | 1,276.48 | +2.05% |
| 16 Sep 2026 | 1,250.87 | +2.89% |
| 15 Sep 2026 | 1,215.75 | +1.11% |
| 14 Sep 2026 | 1,202.44 | +3.42% |
| 11 Sep 2026 | 1,162.70 | +0.77% |
| 10 Sep 2026 | 1,153.77 | +0.78% |
| 9 Sep 2026 | 1,144.82 | +0.65% |
| 8 Sep 2026 | 1,137.37 | +10.43% |
| 7 Sep 2026 | 1,029.96 | +1.97% |
| 4 Sep 2026 | 1,010.05 | 0.00% |
| 3 Sep 2026 | 1,010.05 | 0.00% |
| 2 Sep 2026 | 1,010.05 | +1.01% |
| 1 Sep 2026 | 1,000.00 | — |
Daily Change
The LR1 Freight Index rose 2.05% to 1,276.48 points on 17 September 2026, from 1,250.87 points at the previous assessment.
Monthly Statistics
| Month | Average | Low | High | Observations |
|---|---|---|---|---|
| September 2026 · month to date | 1,123.41 | 1,000.00 | 1,276.48 | 13 |
No completed calendar month meeting the minimum of eight observations is available, so a comparison with a completed-month average is not shown.
Highest and lowest published index values over the available history since the series base date. Highest: 1,276.48 on 17 Sep 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.
| Route | Weight | Index-date return | Contribution | Assessment date |
|---|---|---|---|---|
| Arabian Gulf → JapanLR1 55kt | 25% | +4.14% | +1.03 pp | 17 Sep 2026 |
| Arabian Gulf → SingaporeLR1 55kt | 25% | +4.05% | +1.01 pp | 17 Sep 2026 |
| US Gulf Coast → UK ContinentLR1 60kt | 25% | 0.00% | 0.00 pp | 17 Sep 2026 |
| UK Continent → West AfricaLR1 60kt | 25% | 0.00% | 0.00 pp | 17 Sep 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
Other CommodityScope Tanker Freight Indices
- Clean Tanker Freight Index1,290.99+2.49% · 17 Sep 2026
- Dirty Tanker Freight Index2,017.05+3.92% · 17 Sep 2026
- MR Freight Index1,201.73+2.40% · 17 Sep 2026
- LR2 Freight Index1,392.69+3.02% · 17 Sep 2026
- Aframax Freight Index1,679.67+3.19% · 17 Sep 2026
- Suezmax Freight Index2,174.52+7.28% · 17 Sep 2026
- VLCC Freight Index2,182.42+1.30% · 17 Sep 2026
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 Market Assessment Methodology.