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Chinese Teapots Lured by Crude Discounts in Adnoc Tender Chinese teapot refineries emerged as buyers in Adnoc’s latest oil tender Adnoc sold about 18m bbl of crude via in fifth tender for loading through August; Upper Zakum was the main grade sold, while some Das also changed hands, according to traders familiar with the matter The observation in this tender is that the Chinese teapots are now out buying, whereas in previous tenders they were not even in the buyer list, indicating that the current discounts are now at a level that competes with Iranian and Russian alternatives: Goh (Bloomberg)

Insurance companies are already starting to give huge discounts on car insurance to Tesla owners for driving with FSD Lemonade has launched Autonomous Car Insurance that charges 50% less for every mile driven with FSD (Supervised) Connect your Tesla, and Lemonade can distinguish FSD miles from manually driven miles through Tesla’s Fleet API You also pay a low base rate while the car is parked, then a per-mile rate when it moves This is huge Insurance companies do not give huge discounts out of generosity. They do it when the data shows lower risk FSD’s safety advantage is now beginning to show up in the actual cost of owning and insuring the car The safer FSD becomes, the cheaper driving with it could become