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Reuters

Dec 31, 2022, 4:05 PM

G7 Coalition Agrees $60 Per Barrel Price Cap For Russian Oil

G7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.

3 Min

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  Reuters | Dec 31, 2022

  Musk Delivers First Tesla Truck, But No Update On Output, Pricing

  Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

  4 mins read
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  Reuters | Dec 31, 2022

  Tesla Plans To Ramp Up Model Y Production From Giga Texas In 2023 - Report

  Tesla is planning to ramp up production of its Model Y cars from Gigafactory Texas next year

  0 mins read
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  Reuters | Dec 31, 2022

  India Orders Rickshaws Around Delhi To Run On Cleaner Fuel

  India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.

  1 min read
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  Reuters | Dec 31, 2022

  Oil Prices Climb On Tight Supply Worries

  Oil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.

  2 mins read
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  Reuters | Dec 31, 2022

  Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV Demand

  Wolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.

  2 mins read
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  Reuters | Dec 31, 2022

  Oil Rises 4% On Supply Threats, Still Set For Weekly Drop

  Oil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.

  3 mins read
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  Reuters | Dec 31, 2022

  U.S. Commerce Aims To Seek Chips Funding Proposals By February

  The U.S. Commerce Department said it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production.

  2 mins read
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  Reuters | Dec 31, 2022

  India's BPCL Plans To load Sokol Cargo In Sept - Report

  Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia's Sokol crude oil this month, sources familiar with the deal said.

  1 min read