{
  "id": 14290138,
  "title": "Cheap US crude is piling up as tanker costs soar – What it means for India",
  "url": "https://urgent.news/2026/10/13/cheap-us-crude-is-piling-up-as-tanker-costs-soar-what-it-means-for",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T21:00:49.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/cheap-us-crude-is-piling-up-as-tanker-costs-soar-what-it-means-for-india/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Cheap heavy crude oil is accumulating in North and South America as Asian and European refiners struggle to secure supplies, according to Reuters. Soaring tanker costs have made it difficult to transport this oil to buyers, eroding the benefits of purchasing it at a discount. While Asia and Europe face supply constraints and benchmark prices remain above $100 a barrel, the Americas are experiencing a drop in heavy crude prices. India may benefit from this shift as refiners seek cheaper alternatives to their usual supplies; however, high shipping costs, processing limitations, and uncertainty over Russian oil supplies could limit these gains.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}