African and Brazilian oil gains ground in Asia as tanker freight rates fall

FinanceInternationalInspenetNov 12, 2026, 9:14 AMAI summary

Asian refineries are resuming purchases of West African and Brazilian crude after shipping rates fell from October peaks. Unipec, Sinopec's trading arm, bought two cargoes of Djeno crude from the Republic of the Congo at a discount of nearly $22 per barrel to Dated Brent, and South Korea's SK Energy provisionally booked a Suezmax tanker to carry crude from Gabon to Ulsan in December. VLCC rates have fallen about 50% since October.

In 40 seconds

Unipec, Sinopec's trading arm, bought two Djeno crude cargoes from Congo at a discount of nearly $22 per barrel to Dated Brent.
SK Energy provisionally booked a Suezmax tanker to ship crude from Gabon to Ulsan in December.
VLCC rates have fallen about 50% from October peaks, and Suezmax and Aframax rates also dropped.

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IASummary generated by artificial intelligence from a story by Inspenet. It may contain errors: the original source prevails.

petróleo
fletes
refinerías
Asia
crudo

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African and Brazilian oil gains ground in Asia as tanker freight rates fall

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Topsoe, Sasol and Técnicas Reunidas set the technology architecture for Sweden's Alby PtX e-SAF plant

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Pacto Histórico announces marches and political fight against De La Espriella's tax reform

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