Auto Industry

Reuters

Nov 30, 2022, 6:29 PM

Oil Reverses Losses, Demand Concerns Persist

Oil prices edged higher in volatile trading as the market awaited clarity on talks to revive a deal that could allow more Iranian oil exports, and bleak economic data from leading crude buyer China limited gains.

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  Reuters | Nov 30, 2022

  Oil Dips As Slowdown Worries Limit Price Gains

  Oil prices dipped after two days of gain, as market participants weighed worries about global economic slowdown.

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  Reuters | Nov 30, 2022

  Oil Prices Down 1.5% For The Week On Recession Jitters

  Oil prices fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand.

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  Reuters | Nov 30, 2022

  Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook

  Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.

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  Reuters | Nov 30, 2022

  Wall Street Rallies On Economic Data, Crude Falls As Stockpiles Jump

  U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday.

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  Reuters | Nov 30, 2022

  Chip Stocks Slip As Taiwan Tensions Mount

  Semiconductor stocks fell globally as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan fueled a fresh escalation in tensions between Washington and Beijing.

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  Reuters | Nov 30, 2022

  Oil Costs Spur India To Produce Ethanol From Farm Waste

  India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.

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  Reuters | Nov 30, 2022

  Elon Musk Says 'I Have Too Much Work On My Plate'

  "I have too much work on my plate that is for sure," Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali.

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  Reuters | Nov 30, 2022

  Slovakia's Inobat Eyes Electric Vehicle Battery Plant In Serbia

  The Serbian government has agreed to provide funding of up to 419 million euros ($431 million) including grants and tax incentives to support the project, InoBat said.

  1 min read