Trade sources said freight for shipping Urals crude from Russia's western/Baltic
ports to Asia slid from early-November peaks as global oil prices and tanker
rates fell. Sources added that recent drone strikes on Russian refineries have
diverted more crude to export, and November loadings could exceed plans, which
may limit further downside in Urals freight. In late October, freight to India
hit record highs of about $30/blk or higher; rates have eased to roughly
$25/barrel. Owners report one-way Baltic-to-western India Aframax (≈100,000 dwt)
voyages now around $19–21 mln, down from about $23 mln in late October; Suezmax
(≈140,000 dwt) one-way trips are about $23 mln, down from $27 mln at
end-October.
