Auto Industry
Shubham Parashar
Aug 24, 2022, 8:47 PM
The government of India plans to remove all toll plazas across the country and replace them with automatic number plate reading cameras which will read vehicle number plates and automatically deduct toll.
2 Min
Seshan Vijayraghvan | Aug 24, 2022Top 5 Diesel Hatchbacks You Can Buy From The Used Car MarketIf you were to look for a diesel hatchback, the options are fairly limited in the new car segment. However, you can find a tonne of options in the used car space, and here are 5 diesel hatchbacks which we think you should consider.4 mins read
Reuters | Aug 24, 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 24, 2022OPEC+ Sees Slightly Smaller Oil Market Surplus This Year, Sources SayOPEC+ sees this year's oil market as slightly less supplied than previously thought, a day ahead of a meeting at which the producer group is set to decide on its production policy for next month.1 min read- Reuters | Aug 24, 2022Cuba Gets Help From Mexico, Venezuela To Fight Oil FireCuba appeared to make progress bringing under control a fire at its main oil storage facility that has killed one firefighter, drawing on help from Mexico and Venezuela to fight the raging flames.2 mins read
Reuters | Aug 24, 2022Indian Oil Corp Unit To Open 50 Fuel Stations In Sri Lanka To Help Alleviate CrisisSri Lanka has given approval for India's Lanka Indian Oil Corporation (LIOC) to open 50 new fuel stations, a company official said on Monday, as part of efforts to reduce severe shortages that have crippled the island nation.1 min read
Reuters | Aug 24, 2022Oil Rises Nearly 2% On Strong Economic Data But Trade ChoppyOil prices rose nearly 2% in volatile trading, bouncing off multi-month lows touched last week, as positive economic data from China and the United States fed hopes for demand despite nagging fears of a recession.1 min read- Reuters | Aug 24, 2022Ukraine Halted Oil Flows To Europe Over Payment Issue, Russia's Transneft SaysUkraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said.4 mins read
Reuters | Aug 24, 2022Devastating Fire May Force Cuba To Resort To Floating Oil StorageAn inferno at Cuba's largest oil storage facility has killed at least one firefighter, injured many more, and threatens to further swell the fuel import bill for the impoverished island nation that relies on foreign oil for everything from transportation to its power grid.3 mins read
