Auto Industry
Reuters
Aug 29, 2022, 5:14 PM
Moldova's pro-Russian opposition leader called for snap presidential and parliamentary elections on Tuesday and told the pro-Western government to go to Moscow to negotiate cheaper natural gas from Russia as prices soar.
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Reuters | Aug 29, 2022Oil Edges Up Ahead Of OPEC Meeting Despite Recession WorriesOil futures edged up less than 1% on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply amid concerns a possible global recession could limit energy demand.2 mins read
Reuters | Aug 29, 2022Oil Sinks About 4% After Weak Factory Data Sparks Demand ConcernsOil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its producer allies on supply.2 mins read
Reuters | Aug 29, 2022Russian Crude Prices Recover On Strong India, China DemandSpot 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 mins read
Reuters | Aug 29, 2022Monsoon Rains Dampen India's July Fuel DemandGasoline and gasoil sales by Indian state refiners in July fell from a month earlier as monsoon rains restricted mobility and construction work while high inflation curtailed overall demand for goods.1 min read
Reuters | Aug 29, 2022VinFast Hiring 8,000 Additional Employees To Boost ProductionVinFast is looking to hire 8,000 more employees for its electric-vehicle plant in Vietnam as it ramps up production to deliver its first battery-powered SUVs to the United States by the end of this year.1 min read
Reuters | Aug 29, 2022OPEC+ Sees Slightly Smaller Oil Market Surplus This Year - ReportOPEC+ sees this year's oil market as slightly less supplied than previously thought.1 min read
Reuters | Aug 29, 2022Indian Oil Corp To Issue Short-Term CP - ReportIndian Oil Corporation plans to raise funds selling commercial papers maturing in a more than a month.0 mins read
Reuters | Aug 29, 2022Bangladesh Announces Fuel Price Jump, Stokes Inflation FearsBangladesh raised fuel prices by around 50%, a move that will trim the country's subsidy burden but put more pressure on inflation that is already running above 7%.2 mins read
