Auto Industry

Reuters
Nov 1, 2022, 2:08 AM
The view from the Organization of the Petroleum Exporting Countries, in its 2022 World Oil Outlook, contrasts with that of other forecasters which see oil demand reaching a plateau before 2030 due to the rise of renewable energy and electric cars.
3 Min
Reuters | Nov 1, 2022Oil Falls On China COVID Curbs And Weak Factory DataOil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.2 mins read
car&bike Team | Nov 1, 2022BYD India Inaugurates New Passenger Vehicle Showroom In ChennaiThe new dealership will provide access to the company's electric vehicle range including the e6 MPV and Atto 3 electric SUV.2 mins read
Reuters | Nov 1, 2022Indonesia Hikes Fuel Prices To Rein In Ballooning SubsidiesIndonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.3 mins read
Reuters | Nov 1, 2022Shenzhen Shuts Most Public Transport As China Battles Multiple OutbreaksThe main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.3 mins read
Reuters | Nov 1, 2022India's BPCL Plans To load Sokol Cargo In Sept - SourcesIndian 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
Reuters | Nov 1, 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 | Nov 1, 2022India Says Importing Russian Oil Part Of Inflation ManagementIndia's finance minister said that importing Russian oil was part of the country's inflation-management strategy and that other countries were doing something similar.1 min read
Reuters | Nov 1, 2022Stellantis, GME Resources Seal Nickel And Cobalt Deal For Battery ProductionThe deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.1 min read












































