# 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.

- Date: 2026-11-15 · published 2026-11-15T21:10:57.577Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/101803-freight-now-adds-about-20-to-us-crude-delivered-to-asia-more-than-double-a-year
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

High freight makes US crude less competitive in Asia, which weighs on US crude prices while keeping product prices supported. Elevated diesel prices in Europe raise fuel and freight costs for agricultural logistics.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-08-31 | [US oil set for biggest monthly loss in over a year as floods hit demand](https://feedsoft.ai/events/69602-us-oil-set-for-biggest-monthly-loss-in-over-a-year-as-floods-hit-demand.md) | +6.8% | +12.3% |
| WTI | 2026-09-16 | [WTI falls near $100 as Saudi adds Oman route, US stocks surge — Octa](https://feedsoft.ai/events/17632-wti-falls-near-100-as-saudi-adds-oman-route-us-stocks-surge-octa.md) | -10.2% | -10.9% |
| WTI | 2020-10-21 | [Why crude-tanker collapse could be long and painful - FreightWaves](https://feedsoft.ai/events/50806-why-crude-tanker-collapse-could-be-long-and-painful-freightwaves.md) | -4.8% | -0.2% |
| WTI | 2020-03-26 | [U.S. ethanol plants cutting output due to crashing demand](https://feedsoft.ai/events/54131-u-s-ethanol-plants-cutting-output-due-to-crashing-demand.md) | -7.5% | -25.7% |
| WTI | 2019-05-29 | [Midwest flooding disrupts U.S. crude, fuel cash markets](https://feedsoft.ai/events/10414-midwest-flooding-disrupts-u-s-crude-fuel-cash-markets.md) | -9.3% | -2.2% |
| DIESEL | 2025-06-26 | [Freight Rates for Transatlantic Voyages Soar as Europe Pulls More US Diesel - OPIS, A Dow Jones Company](https://feedsoft.ai/events/24386-freight-rates-for-transatlantic-voyages-soar-as-europe-pulls-more-us-diesel.md) | +4.9% | +7.2% |
| DIESEL | 2023-03-20 | [European diesel tightens, crude weakens as French refinery outages linger](https://feedsoft.ai/events/37028-european-diesel-tightens-crude-weakens-as-french-refinery-outages-linger.md) | +0.8% | -2.0% |
| DIESEL | 2024-01-26 | [Europe’s Diesel Supply Chain Threatened by High Freight Costs - TT](https://feedsoft.ai/events/32308-europe-s-diesel-supply-chain-threatened-by-high-freight-costs-tt.md) | -2.4% | -3.8% |

## Sources

- energyreader.io: https://energyreader.io/brief/19176

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.