# Tanker earnings jump after attacks - FreightWaves

> VLCC crude tanker rates averaged $22,100 per day as of June 18, up 63 percent week-on-week, after tanker attacks in the Gulf of Oman on June 13. Forward freight agreement rates for the third quarter were $25,000 per day.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/58491-tanker-earnings-jump-after-attacks-freightwaves
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Geopolitical risk in the Gulf raises tanker and bunker costs, supporting higher crude prices and fuel costs that feed into ocean freight and farm input economics.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-12-26 | [After dropping for 8 weeks, benchmark diesel price turns higher - FreightWaves](https://feedsoft.ai/events/32875-after-dropping-for-8-weeks-benchmark-diesel-price-turns-higher-freightwaves.md) | -4.5% | +1.4% |
| BRENT | 2025-01-21 | [Big jump puts benchmark diesel price back at August levels - FreightWaves](https://feedsoft.ai/events/26677-big-jump-puts-benchmark-diesel-price-back-at-august-levels-freightwaves.md) | -5.0% | -7.3% |
| BRENT | 2019-10-11 | [Oil rises 2% after reports of Iranian tanker attack \| Reuters](https://feedsoft.ai/events/56737-oil-rises-2-after-reports-of-iranian-tanker-attack-reuters.md) | +0.9% | +5.7% |
| BRENT | 2023-10-09 | [Brent, WTI prices jump after Hamas attack on Israel](https://feedsoft.ai/events/9279-brent-wti-prices-jump-after-hamas-attack-on-israel.md) | +7.4% | +0.0% |
| BRENT | 2019-07-01 | [Oil's Surge on Tanker Attacks Muted by Demand Fears](https://feedsoft.ai/events/58759-oil-s-surge-on-tanker-attacks-muted-by-demand-fears.md) | -4.2% | -6.1% |
| WTI | 2023-12-26 | [After dropping for 8 weeks, benchmark diesel price turns higher - FreightWaves](https://feedsoft.ai/events/32875-after-dropping-for-8-weeks-benchmark-diesel-price-turns-higher-freightwaves.md) | -3.9% | +2.7% |
| WTI | 2019-10-11 | [Oil rises 2% after reports of Iranian tanker attack \| Reuters](https://feedsoft.ai/events/56737-oil-rises-2-after-reports-of-iranian-tanker-attack-reuters.md) | +0.6% | +6.4% |
| WTI | 2023-10-09 | [Brent, WTI prices jump after Hamas attack on Israel](https://feedsoft.ai/events/9279-brent-wti-prices-jump-after-hamas-attack-on-israel.md) | +5.9% | -2.2% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/ocean-rate-report-tanker-earnings-jump-after-attacks

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