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China’s Refiners Turn to Africa and Brazil Crude as Freight Rates Ease

OilPrice.com · Wed, 28 Oct 2026 14:30:00 GMT

Read the full story at OilPrice.com ↗

OmniFin Portal's take

Excerpt from OilPrice.com: “China’s refiners are buying crude oil from West Africa and Brazil after freight rates eased in the past two weeks, while competition for Russian supply is stronger and Iranian barrels have disappeared. Following a declin”

Rule-based headline sentiment: Neutral

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