Auto Industry
Reuters
Dec 1, 2022, 1:50 AM
Oil prices edged lower on expectations that Druzhba pipeline flows will resume shortly and demand concerns ahead of publication of key demand indicators.
1 Min
Reuters | Dec 1, 2022Oil Slips Amid Chance Of Iran Nuclear Deal Supply BoostOil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.2 mins read
Reuters | Dec 1, 2022China Drafts Rules On Use Of Self-Driving vehicles For Public TransportChina should adopt autonomous vehicles in passenger transport with care, the country's Ministry of Transportation said in drafted rules to regulate the self-driving industry.1 min read
Reuters | Dec 1, 2022Baidu CEO Says EV Arm's Autonomous Driving Tech Will Be Ahead Of TeslaBaidu's electric vehicle (EV) firm Jidu Auto will be one-generation ahead of Tesla in terms of autonomous driving technologies, Baidu chief executive Robin Li said in a statement.1 min read
Reuters | Dec 1, 2022Chip And Carmaker CEOs Meet Ahead Of Biden SigningOn Tuesday, President Joe Biden will sign legislation to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive with China.1 min read
Reuters | Dec 1, 2022Big Oil Offers Big Returns But Keeps Spending TightThe West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in energy prices.3 mins read
Reuters | Dec 1, 2022Oil Edges Up Ahead Of OPEC Meeting Despite Recession WorriesOil futures edged up less than 1% on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply amid concerns a possible global recession could limit energy demand.2 mins read
Reuters | Dec 1, 2022Oil Sinks About 4% After Weak Factory Data Sparks Demand ConcernsOil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its producer allies on supply.2 mins read- Reuters | Dec 1, 2022Russian Crude Prices Recover On Strong India, China DemandSpot prices for Russia's key export crude grade ESPO Blend to Asia have rebounded from all-time lows amid strong demand from top buyers India and China and easing concerns about possible sanctions, several traders said.3 mins read
