Clean Tankers · CommodityScope Indicative Freight Assessments · West of Suez
Mediterranean to Arabian Gulf Clean Freight Rates — LR1
- CommodityScope Indicative Assessment
- CS Series CS-TFR-CLN-MED-AG-LR1-60
- Clean Tanker Freight Methodology v1.0
- View full Series Specification
The featured CommodityScope assessment is $75.00/mt for LR1 cargoes of 60,000 mt as of 30 October 2026, unchanged from the previous assessment. This is the only assessment basis on this lane.
Latest freight rate
- LR1 · 60,000 mt$75.00/mt
USD/mt. Calendar gaps are not interpolated.
Rates by vessel and cargo
Each row is a separate USD/mt assessment for its own vessel class and cargo basis. The featured series supplies the headline value and the computed summary and monthly statistics below; it is not an average of the assessments on this lane.
Changes compare consecutive available assessments of the same series. The 30D range shows the minimum and maximum of available USD/mt observations within the trailing 30 calendar days.
| Vessel / cargo basis | Assessment (USD/mt) | Change (USD/mt) | 30D observed range (USD/mt) | Assessment date |
|---|---|---|---|---|
| LR1 · 60,000 mtFeatured | 75.00 | 0.00 | 45.00–100.00 | 30 Oct 2026 |
What These Assessments Measure
CommodityScope publishes separate indicative spot freight assessments for clean petroleum product cargoes from the Mediterranean loading area to Arabian Gulf.
This page covers LR1 cargoes of 60,000 mt. It is maintained as a distinct series under the CommodityScope methodology.
Each assessment represents CommodityScope's estimate of the freight market level for its stated basis on the assessment date. It is not a vessel-specific offer, confirmed fixture or agreed charter-party rate.
Assessment Basis
- Loading area: Mediterranean
- Discharge area: Arabian Gulf
- Vessel classes: LR1
- Cargo bases: 60,000 mt
- Primary assessment unit: USD/mt
- Assessment type:
- CommodityScope Indicative Assessment
- Methodology:
- Clean Tanker Freight Methodology v1.0
- Series Specification:
- CS-TFR-CLN-MED-AG-LR1-60
Contract-Specific Terms Not Specified
- Named vessel and charterer
- Shipment-specific laycan
- Agreed loading and discharge terms
- Contractual demurrage terms
These assessments do not establish the terms of a particular fixture. Terms not included in the stated assessment basis are not inferred. Separate demurrage indicators are available on the tanker demurrage page.
Units and Assessment Frequency
- USD/mt of cargo is the assessment unit for every freight series on this page.
- These are daily assessment series. Changes compare consecutive available assessments of the same series; the interval may span more than one calendar day.
CommodityScope Assessment History
Latest 30 assessment dates. All values are shown in USD/mt. Dates without available assessments are omitted.
| Date | LR1 · 60,000 mt |
|---|---|
| 30 Oct 2026 | 75.00 |
| 29 Oct 2026 | 75.00 |
| 28 Oct 2026 | 75.00 |
| 27 Oct 2026 | 100.00 |
| 26 Oct 2026 | 100.00 |
| 23 Oct 2026 | 100.00 |
| 22 Oct 2026 | 100.00 |
| 21 Oct 2026 | 100.00 |
| 20 Oct 2026 | 100.00 |
| 19 Oct 2026 | 100.00 |
| 16 Oct 2026 | 100.00 |
| 15 Oct 2026 | 100.00 |
| 14 Oct 2026 | 100.00 |
| 13 Oct 2026 | 66.67 |
| 12 Oct 2026 | 66.67 |
| 9 Oct 2026 | 66.67 |
| 8 Oct 2026 | 47.50 |
| 7 Oct 2026 | 47.50 |
| 6 Oct 2026 | 47.50 |
| 5 Oct 2026 | 47.50 |
| 2 Oct 2026 | 47.50 |
| 1 Oct 2026 | 47.50 |
| 30 Sep 2026 | 45.00 |
| 29 Sep 2026 | 45.00 |
| 28 Sep 2026 | 45.00 |
| 25 Sep 2026 | 45.00 |
| 24 Sep 2026 | 45.00 |
| 23 Sep 2026 | 45.00 |
| 22 Sep 2026 | 45.00 |
| 21 Sep 2026 | 45.00 |
Computed Summary — LR1 · 60,000 mt
Calculated by CommodityScope from the USD/mt observations of LR1 · 60,000 mt only. Each statistic states its observation period and calculation method.
The latest assessment of $75.00/mt on 30 October 2026 is unchanged from the previous assessment of $75.00/mt on 29 October 2026.
Method: Absolute change equals the latest assessment minus the previous available assessment. Percentage change equals that difference divided by the previous assessment, multiplied by 100. The two observations are one calendar day apart.
Across the 44 available observations from 1 September 2026 to 30 October 2026, the highest assessment was $100.00/mt on 14 October. The lowest was $45.00/mt on 1 September.
Method: Minimum and maximum of the available assessments within the stated period. These are extrema of the available history, not all-time market records.
The latest assessment is 66.7% above the September 2026 average of $45.00/mt, the most recent completed month with 22 daily observations.
Method: Arithmetic mean of the daily assessments in September 2026. Months still in progress are excluded from this comparison.
Monthly Statistics — LR1 · 60,000 mt (USD/mt)
Arithmetic average, minimum and maximum of the available daily USD/mt assessments for LR1 · 60,000 mt within each calendar month. Observation counts are shown. The current month is marked month to date and is not a completed-month result.
| Month | Average | Minimum | Maximum | Observations |
|---|---|---|---|---|
| October 2026Month to date | 77.73 | 47.50 | 100.00 | 22 |
| September 2026 | 45.00 | 45.00 | 45.00 | 22 |
Supporting Indicators for This Lane
Indicative series maintained for the same loading and discharge areas. Each is a separate series with its own basis; none is an input to, or an average of, the assessments above.
Cape of Good Hope routing
Indicative freight for the same cargo basis routed around the Cape of Good Hope instead of through the Suez Canal, in USD/mt. It is a separate series from the main assessments above.
| Mediterranean → Arabian Gulf · LR1 · 60,000 mt | $91.67/mt · 30 Oct 2026 |
Related Trade Lanes
Explore other freight markets. Compare cargo type, vessel class, cargo basis and assessment date before comparing displayed rates.
| Related lane | Available series / featured basis | Latest (USD/mt) | Date |
|---|---|---|---|
| ARA → Arabian Gulf | 1 series · LR1 · 60,000 mt | 75.00 | 30 Oct 2026 |
| Mediterranean → Japan | 2 series · featured LR2 · 80,000 mt | 137.50 | 30 Oct 2026 |
| Mediterranean → South America | 1 series · LR1 · 60,000 mt | 54.75 | 30 Oct 2026 |
| Arabian Gulf → Arabian Gulf | 1 series · MR · 30,000 mt | 55.83 | 30 Oct 2026 |
| Mediterranean → Mediterranean | 2 series · featured MR · 30,000 mt | 40.07 | 30 Oct 2026 |
| Mediterranean → Black Sea | 1 series · MR · 30,000 mt | 46.92 | 30 Oct 2026 |
| Mediterranean → South Korea | 1 series · LR2 · 80,000 mt | 136.56 | 30 Oct 2026 |
| Mediterranean → UK Continent | 2 series · featured MR · 30,000 mt | 76.18 | 30 Oct 2026 |
How to Interpret These Assessments
CommodityScope freight assessments represent indicative spot market levels for the stated route, vessel class and cargo basis. They are not vessel offers or confirmed fixtures. Actual freight may differ by exact ports, vessel specification, laycan and charter-party terms.
Use for
Tracking freight trends and comparing matching vessel/cargo bases.
Not intended for
Confirming vessel availability or replacing a firm freight quotation.
Data details
Freight series identifiers for the assessments on this page:
- LR1 · 60,000 mt
- CS-TFR-CLN-MED-AG-LR1-60
CommodityScope Indicative Assessment. See the Clean Tanker Freight Methodology v1.0 for assessment definitions and statistical methods. Demurrage indicators are on the tanker demurrage page.