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15 OCT 2026 THURSDAY
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While Brent, the global benchmark for crude oil, is topping $100 a barrel, an unusual glut of heavy crude (high-density oil used to produce diesel, gasoline, and more) is building in North and South America. Competition to secure crude continues in Asia and Europe, but freight rates for tankers have surged in the wake of ...
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market_report Hellenic Shipping News ·2026-10-13

Freight surge traps Americas heavy crude as Asia chases supply

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