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Auto Industry
Reuters
Dec 31, 2022, 4:35 PM
Oil futures slipped 1.5% in choppy trading ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+).
2 Min
Reuters | Dec 31, 2022Oil Rises As China Eases COVID Curbs, Dollar WeakensOil prices rose about a dollar per barrel after top crude importer China eased COVID curbs in two major cities.2 mins read
Reuters | Dec 31, 2022Nayara Energy Offers Gasoil For The First Time Since SeptIndia's Nayara Energy has issued a tender to sell high-speed diesel or gasoil for first time since September.1 min read
Reuters | Dec 31, 2022Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit GainsOil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.2 mins read
Reuters | Dec 31, 2022India Govt Steps Up Audit Of EV Firms Taking Subsidies - ReportThe Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.0 mins read
Reuters | Dec 31, 2022India Probes Possible Misappropriation Of Incentives By EV MakersIndia is investigating the possible misappropriation of incentives given to EV makers under a Rs. 10,000 crore programme to promote their faster adoption.1 min read
Reuters | Dec 31, 2022Analysis-EU Unity Over Russia Sanctions Falters As Europe's Economy WiltsEU leaders agreed on Thursday to a ninth package of sanctions but talks were acrimonious, with Poland and the Baltic states that neighbour Russia campaigning for tougher measures, while states further west, such as Germany, were more hesitant.4 mins read
Reuters | Dec 31, 2022Oil Rises On Hopes For China's Economy; Recession Fears Limit GainsChina, the world's top crude oil importer, is experiencing its first of three expected waves of COVID-19 cases after Beijing relaxed mobility restrictions but said it plans to step up support for the economy in 2023.2 mins read
Reuters | Dec 31, 2022World Shares Extend Rout, Oil Prices Drop On Recession WorriesThe selling spilled over into commodities markets, where oil prices dropped over $2 per barrel. Gold prices faced their biggest weekly loss in four weeks after the Federal Reserve indicated it was not done hiking rates.3 mins read
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