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Middle East Crude-Dubai discount slips to more than six-year low

Middle East crude benchmark Dubai's discount slipped on Thursday to its widest since May 2020, weakening on signs of a further increase in supplies, while Oman's discount also widened sharply day-on-day.Saudi Aramco is switching to spot pricing to speed sales in Asia, according to trade sources and…

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Futures
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Eight monks killed in Thailand after 11-year-old boy crashes truck

Eight Buddhist monks were killed and more than 20 others injured after being hit by a pickup truck driven by an 11-year-old boy while on a pilgrimage in Thailand's northeastern province of Mukdahan, officials said on Thursday.The victims were part of a group of 34 Buddhist monks and five lay follo…

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reuters

Yara buys Texas ammonia plant for $1.3 billion

Norwegian fertiliser maker Yara OSL:YAR said on Thursday its subsidiary had agreed to buy Gulf Coast Ammonia's production plant in Texas from GCA Holdings LLC for $1.3 billion.The deal follows Yara's decision not to proceed with its acquisition of ammonia assets in the Louisiana Clean Energy Comple…

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