Auto Industry
Reuters
Dec 31, 2022, 5:22 PM
India will continue buying Russian oil and even look for term contracts as sanctions allow purchases provided that Western services are not used.
2 Min
Reuters | Dec 31, 2022Reliance Makes Rare Buy Of Russian Naphtha, Ups Fuel Oil ImportsReliance Industries is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports.2 mins read
Reuters | Dec 31, 2022Essar Group Plans Rs. 40,000 Cr. Petrochemical Complex In OdishaEssar Group plans to set up a Rs. 40,000 cr. petrochemical complex in the eastern state of Odisha in a tie-up with a global player.0 mins read
Reuters | Dec 31, 2022G7 Coalition Agrees $60 Per Barrel Price Cap For Russian OilG7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.3 mins read
Reuters | Dec 31, 2022Oil Prices Climb On Tight Supply WorriesOil 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
Reuters | Dec 31, 2022Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV DemandWolfspeed 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
Reuters | Dec 31, 2022Oil Rises 4% On Supply Threats, Still Set For Weekly DropOil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.3 mins read- Reuters | Dec 31, 2022U.S. Commerce Aims To Seek Chips Funding Proposals By FebruaryThe 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
Reuters | Dec 31, 2022India's BPCL Plans To load Sokol Cargo In Sept - ReportIndian 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
