Auto Industry News

All-electric Skoda SUV is likely to arrive in India in 2023 with the model now on test in the country for a while.

The Prime Minister of India got behind the controls of a remote-controlled vehicle at the Ericsson booth at the 2022 India Mobile Congress.

BMW India is preparing for a big launch in the hybrid segment next year and there will be a lot of excitement in the high-end space.

Brent crude futures for November, which expire on Friday, rose by 95 cents, or 1.07%, to $89.44 a barrel by 0948 GMT. The more active December contract was up 81 cents at $87.99.

Oil prices rose over 2% from nine-month lows a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and an easing in the U.S. dollar from its strongest level in two decades.

State-controlled Eni and Italy were able to leverage existing supply relationships with those nations to secure extra gas to replace a large part of the volumes it received from its top supplier Russia.

The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters.

Norway will deploy its military to protect its oil and gas installations against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into the Baltic had been attacked, the prime minister said.