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Asia buys up African, Brazilian oil as shipping costs fall

Published by Arab News · Saudi Arabia 38 min ago
Asia buys up African, Brazilian oil as shipping costs fall
Arab News

Detailed summary

Asian buyers are taking advantage of decreased shipping costs to purchase more African and Brazilian crude oil. This comes as freight rates drop significantly due to an improved vessel supply.

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MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.arabnews.com)

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