Auto Industry

Seshan Vijayraghvan

Oct 28, 2022, 12:23 AM

Indian Hotel Company Installs 224 EV Chargers Across Its 90+ Properties In India

IHCL, which currently has 92 hotels and resorts across India, says the initiative is part of ‘Paathya’ the company’s ESG+ framework to drive its sustainability and social impact measures.

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  Reuters | Oct 28, 2022

  Oil Prices Ease On Chinese Demand Data, Stronger Dollar

  Brent crude futures for December delivery settled at $93.26 a barrel, down 24 cents, 0.3%, after rising 2% last week. U.S. West Texas Intermediate crude lost $84.58 a barrel, losing 47 cents, 0.6%. Both benchmarks had fallen by $2 a barrel earlier in the session.

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  Reuters | Oct 28, 2022

  Nigeria Orders Final Seizure Of houses, Cars Of Former Oil Minister

  Alison-Madueke was a key figure in the administration of former President Goodluck Jonathan who served as petroleum minister from 2010 to 2015. She has been dogged by corruption allegations since she left office but denies the charges.

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  Reuters | Oct 28, 2022

  Oil Rises On Strong Crude Demand, Despite China Fears

  Figures on Wednesday showed record U.S. crude exports, a hopeful sign for demand, even as crude stocks rose. The U.S. dollar weakened in early trade on hopes that interest-rate hikes may become less aggressive.

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  Reuters | Oct 27, 2022

  Western Officials Finalizing Plans For Russia Oil-Price Cap

  Officials said no price range has been decided yet, however one person familiar with the process said the cap will be determined in line with the historical average of $63-64 a barrel - a level that could form a natural upper limit.

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  Reuters | Oct 27, 2022

  Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk Says

  Tesla says the cars still need to be driven with human oversight.

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  Reuters | Oct 27, 2022

  Oil Prices Settle Up; China Demand Hopes Outweigh Recession Worry

  Traders were squaring up positions ahead of the weekend after the WTI's November contract expiry, increasing volatility.

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  Reuters | Oct 27, 2022

  Russia Poised To Largely Skirt New G7 Oil Price Cap

  The Group of Seven countries agreed last month to cap Russian oil sales at an enforced low price by Dec. 5 but faced consternation from main players in the global oil industry who feared the move could paralyse the trade worldwide.

  5 mins read
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  car&bike Team | Oct 27, 2022

  Rupee Poised For Another Record Low On Fed Rate, Oil Worries

  The rupee is expected at around a lifetime low of 82.70 per U.S. dollar, down from 82.32 from the previous session.

  2 mins read