Auto Industry

car&bike Team

Apr 27, 2022, 12:48 AM

OPEC Share Of India's Oil Imports Steadies After Six-Year Slump

Russian oil continued to account for less than 1% of India's crude imports in 2021/22.

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  car&bike Team | Apr 27, 2022

  Oil Settles Mixed On Russia Supply, Demand Concerns

  The front-month WTI crude futures contract, which expires on Wednesday, rose 19 cents to settle at $102.75, unchanged.

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  car&bike Team | Apr 27, 2022

  Oil Falls, Posts Nearly 5 Per Cent Weekly Loss On Growth Concerns

  Brent crude settled down $1.68, or 1.6%, at $106.65 a barrel. U.S. West Texas Intermediate (WTI) crude declined $1.72, or 1.7%, to $102.07.

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  car&bike Team | Apr 27, 2022

  EU Weighs Driver Data Rules, Pitting Insurers Against Auto Giants

  The EU has already proposed a Data Act, but it may not be sufficiently detailed for handling auto data, and a further measure could standardise data sets, and ensure fair access and competition, the EU executive said.

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  car&bike Team | Apr 26, 2022

  Goldman Sachs, Morgan Stanley To Lead Intel's Mobileye IPO

  The amount to be raised in the IPO could not be learned and the sources requested anonymity because details of the IPO preparations are confidential.

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  car&bike Team | Apr 26, 2022

  India Keen To Boost Oil Imports From Brazil - Report

  India is looking to import oil from Brazil under special long term contracts

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  car&bike Team | Apr 26, 2022

  Subaru Says Suspends Shipment Of Some Models Over Engine Sensor Malfunction

  About 54,000 cars with the engine have been sold in Japan since October 2020 and are for the market only, the spokesperson said, declining to comment on the number of cars affected by the shipment suspension.

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  car&bike Team | Apr 26, 2022

  EV Battery Maker Italvolt's CEO To Launch Company For Building Gigafactory

  The United States is among many countries encouraging indigenous production of batteries and its materials in a bid to simplify supply chains for the booming EV industry.

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  car&bike Team | Apr 26, 2022

  India Keen To Boost Oil Imports From Brazil - India Oil Minister

  At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.

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