About Reuters
Articles of Reuters
UK Fast-Charging Battery Startup Nyobolt Raises $59 Million
Nyobolt has been developing battery anodes using niobium and tungsten that could enable electric vehicles (EVs) to charge in minutes.
Read More →
EV Disruptors Hit Industry Speed Bumps That Have Plagued Legacy Automakers For Years
In many cases, they are partnering with larger, deep-pocketed companies to aid their survival and provide access to funds.
Read More →
VW Of America Teams With Redwood On EV Battery Recycling
VW is the latest carmaker to partner with Redwood, which has forged similar alliances with Toyota Motor Corp, Ford Motor Co and Geely Automobile's Volvo Cars.
Read More →
India's Tata Motors Raises Passenger Vehicle Prices
Prices of vehicles were increased 0.55% on average with immediate effect, the company said.
Read More →
Oil Rebounds As New Iran Sanctions Fuel More Supply Concerns
The rise in oil prices comes after the US announced new sanctions on Iran, and as energy markets stayed focused on supply concerns that have sent prices soaring this year.
Read More →
Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax
Oil prices settled lower on Tuesday on fears the U.S. Federal Reserve will surprise markets with a higher-than-expected interest rate hike.
Read More →Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing
Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May
Read More →Oil Rises $2/bbl After G7 Vows New Russian Sanctions
Libya said it would have to halt exports from the Gulf of Sirte due to unrest in the region while Ecuador said it would need to suspend production amid anti-government protests
Read More →
Oil Extends Gains As Major Producers Flag Capacity Limits
Saudi Arabia and the UAE have been seen as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to make up for lost Russian supply and weak output from other member nations.
Read More →Oil Jumps 4% As U.S. Gasoline Prices Hit Record High
Oil prices rose about 4% as U.S. gasoline prices jumped to a record high.
Read More →Oil Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions
The EU is due to meet on Monday and Tuesday to discuss a sixth package of sanctions against Russia for its invasion of Ukraine, actions which Moscow calls a "special military operation".
Read More →Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
Oil prices hit a two-month high at $121 per barrel as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports.
Read More →Oil Prices Extend Gains After EU Bans Most Russia Oil Imports
European Union leaders agreed in principle to cut 90% of oil imports from Russia by the end of 2022
Read More →Oil Edging Higher Supported By The Prospect Of A Tight Market
U.S. petrol stocks fell by 482,000 barrels to 219.7 million barrels, U.S. Energy Information Administration said. The start of summer driving season in the United States normally entails increased consumption.
Read More →India Oil Cos' $125.5 Million Dividend From Oil Assets Stuck In Russia
European countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on Feb. 24, but India has not explicitly condemned the action.
Read More →Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.
Read More →
Indian Oil Minister Says Oil At $110 A Barrel Not Sustainable
India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable
Read More →Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about 750 million euros ($800 million) to upgrade its refineries and expand a pipeline from Croatia.
Read More →U.S. Stocks End Down Slightly After Early Boost From Powell; Oil Falls
Major U.S. stock indexes ended down slightly Wednesday, losing early gains tied to remarks by Federal Reserve Chair Jerome Powell that the U.S. central bank is "strongly committed" to bringing down inflation, while sharply lower oil prices weighed on energy shares.
Read More →Oil Rises On Tight Supplies; Trade Choppy On Demand Worries
Brent crude rose 26 cents to settle at $122.27 a barrel. U.S. West Texas Intermediate crude rose 26 cents to settle at $120.93 a barrel. Trade was volatile, with prices down about $3 a barrel earlier.
Read More →
