--- title: Crude market remains strong, hitting a 2025 high description: "Kazakh exports drive the current rate increase\n\nThe crude oil tanker market remains robust, with average weighted earnings now reaching $35,000 per day, marking a 14% increase from the previous week and the highest level since June 2024." image: https://blog.maritimefinance.ch/hubfs/W13_article_1.jpg --- [![EMF](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/EMF.png)](https://maritimefinance.ch/fr) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) [![en_GB](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/en_GB.png)](https://blog.maritimefinance.ch/en/marketreportweekly) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) ![Crude market remains strong, hitting a 2025 high](https://blog.maritimefinance.ch/hubfs/W13_article_1.jpg) # Crude market remains strong, hitting a 2025 high - Home - [blog](https://blog.maritimefinance.ch/en/marketreportweekly) - Crude market remains strong, hitting a 2025 high 03/31/2025 [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) 1 Minutes ![W13_article_1](https://blog.maritimefinance.ch/hs-fs/hubfs/W13_article_1.jpg?width=1200&height=884&name=W13_article_1.jpg) Kazakh exports drive the current rate increase The crude oil tanker market remains robust, with average weighted earnings now reaching $35,000 per day, marking a 14% increase from the previous week and the highest level since June 2024. This rise is supported by positive sentiment for VLCCs, an increase in Kazakh crude exports via the Black Sea benefiting the Suezmax segment, and continued stability in the refined petroleum products market in the East. The VLGC sector continues its upward trend The VLGC segment has also seen significant gains, particularly in the East, where earnings on the key Ras Tanura–Chiba route surged by 50% week-on-week. The Western market has also experienced positive developments. In the car carrier segment, activity remains steady. However, a notable highlight is Wallenius Wilhelmsen securing a $2 billion contract over 10 years to provide logistics and other services to their partners, underscoring the sector's ongoing strength. *Source: Clarksons and Fearnleys Securities* --- #### Tag: [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) #### Share: - [Follow us on Facebook](http://www.facebook.com/share.php?u=https://blog.maritimefinance.ch/en/marketreportweekly/crude-market-remains-strong-hitting-a-2025-high) - [Follow us on Twitter](https://twitter.com/intent/tweet?url=https://blog.maritimefinance.ch/en/marketreportweekly/crude-market-remains-strong-hitting-a-2025-high&text=Crude%20market%20remains%20strong,%20hitting%20a%202025%20high) - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.maritimefinance.ch/en/marketreportweekly/crude-market-remains-strong-hitting-a-2025-high) - [Follow us on Pinterest](http://pinterest.com/pin/create/button/?url=https://blog.maritimefinance.ch/en/marketreportweekly/crude-market-remains-strong-hitting-a-2025-high&text=Crude%20market%20remains%20strong,%20hitting%20a%202025%20highdescription=Kazakh%20exports%20drive%20the%20current%20rate%20increase%20The%20crude%20oil%20tanker%20market%20remains%20robust,%20with%20average%20weighted%20earnings%20now%20reaching%20$35,000%20per%20day,%20marking[...]&media=https://143789414.fs1.hubspotusercontent-eu1.net/hubfs/143789414/W13_article_1.jpg) --- #### [Ammonia momentum gaining ground Previous Post](https://blog.maritimefinance.ch/en/marketreportweekly/ammonia-momentum-gaining-ground?hsLang=en) #### [Eastbound Canadian crude lifts Aframax market Next Post](https://blog.maritimefinance.ch/en/marketreportweekly/eastbound-canadian-crude-lifts-aframax-market?hsLang=en) --- ## Related Posts It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. 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