Freight now adds about 20% to US crude delivered to Asia, more than double a year ago, as European diesel holds near $170 a barrel

Shipping US crude to Asia now adds roughly 20% to its delivered price, more than double the premium a year earlier, according to a 14 November report. European diesel was reported near $170 a barrel, and shipping costs remain historically elevated.

A Reuters report in October cited freight of about $40.50 a barrel on a very large crude carrier voyage to Japan.