Auto Industry

Reuters

Dec 21, 2022, 12:49 AM

Oil Rises On Hopes For China's Economy; Recession Fears Limit Gains

China, 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.

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  Reuters | Dec 21, 2022

  World Shares Extend Rout, Oil Prices Drop On Recession Worries

  The 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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  Reuters | Dec 21, 2022

  Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest Rates

  After rising for three straight days, Brent futures fell $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.17, or 1.5%, to settle at $76.11.

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  Reuters | Dec 21, 2022

  Oil Prices Climb By $2 Amid Forecasts For 2023 Demand Uptick

  Brent crude futures settled up $2.02, or 2.4%, to $82.70 per barrel, while U.S. West Texas Intermediate (WTI) crude futures settled up $1.94 to $77.28.

  2 mins read
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  Reuters | Dec 21, 2022

  Russia Replaces Iraq As Top Oil Supplier To India In November

  India's oil imports from Russia rose for the fifth straight month, totaling 908,000 barrels per day (bpd) in November, up 4% from October, the data showed.

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  car&bike Team | Dec 21, 2022

  Audi To Manufacture Electric Vehicles At All Plants From 2029

  Carmaker plans to cease the manufacturing of internal combustion models by 2033.

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  car&bike Team | Dec 20, 2022

  Hero XPulse 200T 4V Launched In India; Priced At Rs. 1.26 Lakh

  Hero MotoCorp launched the updated XPulse 200T in India at Rs. 1,25,726 (ex-showroom, Mumbai).

  1 min read
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  car&bike Team | Dec 20, 2022

  2023 Mercedes-AMG E53 Cabriolet 4Matic+ India Unveil On January 06, 2023

  The convertible Mercedes-AMG E53 4Matic+ is essentially the convertible version of the AMG E53 sedan and is a successor to the previous-generation AMG E53 facelift.

  1 min read
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  Jaiveer Mehra | Jan 3, 2023

  2023 Bajaj Platina 110 ABS Launched In India; Priced At Rs. 72,224

  The Platina 110 is the only motorcycle in the segment to feature ABS and gets features such as a LED DRL and digital speedometer.

  1 min read