Thai Oil Taps Africa, Americas for Crude to Cut Mideast Reliance
Thailand’s largest refiner Thai Oil Pcl is turning to Africa and the Americas for crude, reducing its dependence on the Middle East to maintain stable domestic supply.
Thailand’s largest refiner Thai Oil Pcl is turning to Africa and the Americas for crude, reducing its dependence on the Middle East to maintain stable domestic supply.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
Emerging Asian currencies were lower, with the Korean won and the Thai baht leading losses amid a stalemate in the Middle East talks to end the 10-week-long US-Iran conflict.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
“She has not been able to get approved for a mortgage, so I want to help her.”
A cruise ship at the center of a deadly hantavirus outbreak is starting the process of evacuating passengers in Spain’s Canary Islands, almost a month after the contagious disease broke out.
The Armani Group may split the 15% stake that is up for sale equally among its preferred buyers, as the company moves closer to implementing the wishes of founder Giorgio Armani, La Repubblica reported on Sunday.
The wait stretched on for Iran’s response to a US proposal to end 10 weeks of war, as the world’s largest oil company warned it would take months for the market to return to normal even if the Strait of Hormuz reopened immediately.