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Quora
quora.com › What-is-about-the-worth-of-the-payload-of-one-big-oil-tanker
What is about the worth of the payload of one big oil tanker? - Quora
Answer: The largest «normal» class of tankers are the VLCCs, which can carry 2 million barrels (give or take) of crude oil. With today’s oil price hovering around $60/bbl that would amount to $120mill for one full cargo. The typical VLCC is 330–340m long, have a beam of 60m and a draft ...
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Quora
quora.com › How-much-is-an-oil-tanker-full-of-oil-worth
How much is an oil tanker full of oil worth? - Quora
Answer (1 of 5): Crude oil tankers come in different sizes, divided into size categories. The smallest size class of tankers is Long Range 1 (there are smaller tankers, but they are used for refined products, rather than crude oil). These tankers transport up to 550,000 barrels of crude oil. At ...
Discussions

What's stopping anyone (with a lot of cash) from chartering a tanker and holding oil for a month to lock in a guaranteed profit?
It is absolutely a viable strategy. The logistics of it are a little more involved and hard to pull off on short notice. Also the reason all the tankers are full? Because people already did it last month More on reddit.com
🌐 r/oilandgasworkers
24
38
May 2, 2020
Only $375k for oil tanker who’s in?
Okay I did some quick math. 1 barrel of oil is 0.158987 cubic meters. The tanker hold 8 tanks, each with 730 cubic meters of storage. So in each 730 cubic meter tank, there is 4591.56 barrels of oil. So in the total 8 tanks, there is 36,732.48 barrels of oil. According to the latest check of the price per barrel of about -20. We would be paid $734,649.90. Minus out the cost of the tanker at 375,000.00, and we are looking at a profit of 359,649. Literally can't go tits up. More on reddit.com
🌐 r/wallstreetbets
359
2002
April 20, 2020
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S&P Global
spglobal.com › energy › commodity › shipping market prices, data, and analysis › tankers
Tankers Market Prices, Data, and Analysis | S&P Global
3 weeks ago - Our range of tankers price assessments and benchmarks provides critical insights into the current state of the tankers market.
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Marine Log
marinelog.com › home › latest news › how are tankers valued?
How are tankers valued? - Marine Log
February 4, 2019 - In the case of tankers, there are around 140 scores. One of the most important scores is the shipyard. A vessel built in China is less desirable than one built in Japan. A well-published example is the one shown above. In November 2014, the New Century-built Supramax bulker ACS Diamond was sold for $10 million. The previous week, the slightly older Japanese-built pair of Supramaxes were sold for $15.5 million each. This was an implied discount of around 40% between Japan and China.
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Congress.gov
congress.gov › crs-product › R47962
The Global Oil Tanker Market: An Overview as It Relates to Sanctions | Congress.gov | Library of Congress
Sanctions have increased the value of older tankers. Traders of sanctioned oil may prefer older tankers because the longevity of the sanctioned market is uncertain. One shipbroker reported that in 2022, there were over 600 secondhand tanker sales—a record amount—with many vintage tankers bought at elevated prices.
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VICE
vice.com › home › is it worth it to buy a used tanker and fill it with cheap oil? an investigation
Is It Worth It to Buy a Used Tanker and Fill It With Cheap Oil? An Investigation
August 9, 2024 - For the price and capacity, the best deal available now is a 274 metre-long Suezmax crude oil tanker for $17 million. The Suezmax was built in 2000 by Daewoo Heavy Industries, is currently somewhere in Africa, and has a capacity of 159,057 DWT, ...
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ShipSelector
shipselector.com › all ships › ship for sale › tanker for sale
Tanker for sale
close » · Filter · Filter » · All ships · Ship for sale · Tanker for sale · Offer date new-old · Offer date old-new · Name A-Z
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Lloyd's List
lloydslist.com › LL1154240 › Crude-oil-tanker-values-lifted-by-tonne-mile-demand-boost-as-product-tankers-stabilise
Crude oil tanker values lifted by tonne-mile demand boost as product tankers stabilise :: Lloyd's List
July 17, 2025 - A shift in trading patterns has tightened vessel availability and contributed to strong crude tanker spot and time charter rates, helping to lift vessel price assessments
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Breakwave Advisors
breakwaveadvisors.com › insights › 2022 › 2 › 11 › tanker-shipping-market-10-noaMZ
Tanker Shipping Market 1.0 Part 1/2 — Breakwave Advisors
February 13, 2022 - When a charterer requires a tanker to move oil from A to B they will typically get in touch with a ship broker, who will in turn contact a number of vessel owners and act as a middle man in negotiating price, terms and conditions for carrying the cargo.
Find elsewhere
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Investopedia
investopedia.com › articles › investing › 012316 › crude-tankers-business-transporting-oil.asp
Understanding Crude Tankers: Oil Transport Industry and Market Dynamics
May 23, 2026 - Tanker companies often secure long-term contracts, with very large crude carriers (VLCC) and ultra-large crude carriers (ULCC) potentially earning daily profits of $100,000 or more, depending on market conditions and contract terms.
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Quora
quora.com › What-price-does-the-producer-get-paid-per-barrel-of-oil-produced
What price does the producer get paid per barrel of oil produced? - Quora
Answer: Roughly speaking, the producer usually makes the spot price (the quote everyone sees) minus the standard shipping cost to the nearest major distribution hub, plus/minus a premium or discount based on the quality of the specific crude oil relative to the benchmark crude. So to make up so...
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Micyjz
qh-shipping.com › How-much-does-an-oil-tanker-cost-id47961896.html
How much does an oil tanker cost? - Tai Zhou Qin Hai Shipping Science and Technology Co., Ltd.
December 4, 2025 - Conversely, older tankers may be more affordable but could require more maintenance and upgrades to meet current regulations. The global oil market and shipping industry conditions can influence tanker prices. During periods of high demand for oil transportation, prices may rise due to increased competition for available vessels.
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Petronav
petronav.net › home › tanker
Oil Tanker Ships for Sale | Used Tankers | Petronav
Oil tanker ship (tankship) is a carrier that is specifically manufactured to transport gases and liquid in bulk across the oceans, main types of tanker ships consist of chemical tanker gas tanker(carriers) oil tanker and commodity tanker (carrier) to transport commodities like vegetable oil molasses and wine etc .
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MarineLink
marinelink.com › news › secondhand-crude-tankers-reach-highest-504481
Second-hand Crude Tankers Reach Highest Values in 25 Years, BIMCO Says
April 19, 2023 - Twelve months ago, that valuation had risen to USD 172.0 mill. (+25%). Since then, another USD 59.0 million has been added in value, and the three five-year-old ships are now valued at a combined USD 231.0 mill.
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Nautisnp
nautisnp.com › home › tankers
Tanker Ships for sale - Crude Oil, VLCC, Suezmax, Aframax, LR, MR 1+2, Bitumen and LPG/LNG | NautiSNP
3 weeks ago - Crude Oil, VLCC, Suezmax, Aframax, LR, MR 1+2, Bitumen and LPG/LNG tankers for sale.
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Ship Universe
shipuniverse.com › chartering-tankers-costs-risks-and-profits
Chartering Tankers: Costs, Risks, and Profits – Ship Universe
Chartering tankers in 2026 is about controlling the “all-in” economics, not just accepting a headline rate. The practical outcome usually depends on fuel and time assumptions, route-specific add-ons (insurance, security, canal and port invoices), and whether the charterparty makes pass-through costs and compliance recovery mechanical or argumentative. ... Add $75/mt to fuel, add 3 days of waiting, and add a realistic route premium line.
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ShipSelector
shipselector.com › all ships › ship for sale › tanker › crude oil tanker for sale
Crude Oil Tanker for sale
June 13, 2026 - close » · Filter · Filter » · All ships · Ship for sale · Tanker · Crude Oil Tanker for sale · Offer date new-old · Offer date old-new
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Reddit
reddit.com › r/oilandgasworkers › what's stopping anyone (with a lot of cash) from chartering a tanker and holding oil for a month to lock in a guaranteed profit?
r/oilandgasworkers on Reddit: What's stopping anyone (with a lot of cash) from chartering a tanker and holding oil for a month to lock in a guaranteed profit?
May 2, 2020 -

If I've got this right (which I probably haven't) but couldn't someone with a few million to spare, just charter a tanker, buy a couple million barrels at current WTI prices,($19.69) sell the July contract (currently $32.80) to lock in a guaranteed profit.

Sit out at sea for a month and deliver as per the July contract when the time comes.

Say, even at 200k /day tanker rates, a tidy profit should possible on 2 million barrels. Tanker rates have been dropping so I'm curious as to why this might be the case, surely anyone with the capital to do this has gone out and grabbed the next available tanker , is this as easy as it seems or am I missing something?

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Horizon Ship Brokers
horizonship.com › tankers for sale – crude oil, product and chemical tankers › crude oil tankers for sale – vlcc, suezmax and aframax tankers
Crude Oil Tankers For Sale | VLCC, Suezmax & Aframax Tankers | Horizon Ship Brokers
April 3, 2026 - Crude oil tankers for sale including VLCC tankers, Suezmax tankers and Aframax crude oil tanker ships used for transporting crude oil on international tanker trade routes worldwide.