Energy
IEA: Tanker Rates Push Up Delivered Crude Costs
IEA analysts report Middle East Gulf-to-Asia crude freight above $37 a barrel by mid-October 2026, with Suezmax and Aframax tonne-mile demand up about 20% year-on-year.
IEA
Follow IEA through LedgerWire reporting. 6 reports with clear summaries and linked sources.
Latest in this topic
IEA analysts Daniel Gymer and David Martin report that by mid-October 2026 large-tanker crude freight from the Middle East Gulf to Asia exceeded $37 a barrel, more than five times the pre-war level. The agency cites congestion near Hormuz, longer routes and ship-to-ship transfers, and says high delivered costs pushed September Asian refining margins on Middle Eastern crude below zero.
IEA: Tanker Rates Push Up Delivered Crude Costs ↗
Energy
IEA advisory board weighs grids, storage and affordability
The IEA reports its Electricity Security Advisory Board met in Paris with over 70 experts to discuss grid use, storage investment, reliability and affordability.
Energy
IEA: China's electrolyser cost edge narrows for full projects
IEA analysis finds Chinese alkaline electrolysers cost $500–1,100 per kW versus $1,900–2,500 elsewhere, but project-level advantages shrink when installation is included.
Energy
IEA members to accelerate remaining emergency oil releases
IEA Governing Board says members will speed up around 100 million barrels of undelivered emergency oil, including over 20 million barrels of diesel.
World
IEA and ASEAN states discuss emergency oil stockholding plans
IEA-backed Bangkok workshop drew over 40 participants from nine ASEAN countries to discuss oil supply security and potential emergency stockholding arrangements.
Energy
IEA: Global Oil Demand to Fall 2.6 mb/d in 2026 on War Disruptions
The IEA forecasts global oil demand to drop 2.6 mb/d in 2026 as the Iran war restricts fuel supplies and raises prices, with diesel hit hardest.