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Home > India > Asia buys up African, Brazilian oil as shipping costs fall

Asia buys up African, Brazilian oil as shipping costs fall

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Last Updated: November 11, 2026 18:54:30 IST

* African, Brazilian crude prices fall on low demand * Freight rates slump about 50% from October as vessel supply improves * Unipec snaps up African oil; SK Energy buys Gabonese crude * Asian buyers

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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