Auto Industry

Reuters

Nov 30, 2022, 6:29 PM

Russian Crude Prices Recover On Strong India, China Demand

Spot 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 Min

• 
  Reuters | Nov 30, 2022

  Big Oil Offers Big Returns But Keeps Spending Tight

  The 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 | Nov 30, 2022

  Oil Rises As IEA Hikes 2022 Demand Growth Forecast

  Oil prices rose by over 1% after the International Energy Agency raised its oil demand growth forecast for this year as soaring gas prices drive some consumers to switch to oil.

  2 mins read
• 
  Reuters | Nov 30, 2022

  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.

  2 mins read
• 
  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.

  2 mins read
• 
  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.

  2 mins read
• 
  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.

  2 mins read
• 
  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.

  3 mins read
• 
  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.

  1 min read