Auto Industry
Reuters
Sep 30, 2022, 11:46 PM
Oil prices rose for a second day, rebounding from recent losses as the U.S. dollar eased off recent gains and U.S. fuel inventory figures showed larger-than-expected drawdowns and a rebound in consumer demand.
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Reuters | Sep 30, 2022Indian Refiners Pay Dollars For Russian Oil After Dirham Attempts FailIndian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier, according to three sources familiar with the matter.3 mins read- Reuters | Sep 30, 2022U.S. Imposes New Sanctions On Iran Oil Exports, Targets Chinese FirmsWashington has increasingly targeted Chinese companies over the export of Iran's petrochemicals as the prospects of reviving the nuclear pact have dimmed. Indirect talks on the accord, formally known as the Joint Comprehensive Plan of Action (JCPOA), have broken down.3 mins read
Reuters | Sep 30, 2022Drone Activity Observed Near Total Offshore Installation In North SeaTotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.1 min read
Reuters | Sep 30, 2022Citroën Invents Cardboard Car For Resourceless WorldImagine a future world starved of resources where carmakers have to resort to replacing the metal in your car's roof and hood with cardboard.3 mins read
Reuters | Sep 30, 2022India's Top Refiner Sets Up New Unit For Treasury OperationsThe new unit - Finance Company - will help IOC benefit from interest arbitrage as the company's borrowings increase after selling fuel locally at below-market rates.1 min read
Reuters | Sep 30, 2022Peru Indigenous Groups Block River In The Amazon After Oil SpillThe spill took place on Sept. 16 and affected several indigenous communities in Peru's Northeast region of Loreto. While Peru's environment ministry estimated the spill at 2,500 barrels, state-owned oil company Petroperu said it did not yet have an estimate.2 mins read
Reuters | Sep 30, 2022Oil Settles Lower After Hitting $90/bbl As OPEC+ Considers Output CutOil prices settled lower in choppy trading, rising above $90 per barrel and then retreating as traders weighed a worsening economic outlook against potential OPEC+ output cuts next week.2 mins read- car&bike Team | Sep 30, 2022Nitin Gadkari To Mercedes-Benz: Set Up Vehicle Scrappage Centres In IndiaMinister for Road Transport and Highways was addressing the company and media at the launch of the new locally-assembled Mercedes EQS 580.2 mins read
