{
  "id": 16914360,
  "title": "China’s Refiners Turn to Africa and Brazil Crude as Freight Rates Ease",
  "url": "https://urgent.news/2026/10/28/chinas-refiners-turn-to-africa-and-brazil-crude-as-freight-rates-ease",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T14:30:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/Chinas-Refiners-Turn-to-Africa-and-Brazil-Crude-as-Freight-Rates-Ease.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "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 decline in shipping rates from all-time highs, some Chinese refiners have bought West African and Brazilian crude grades at premiums of up to $20 per barrel above ICE Brent for delivery…",
  "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."
}