Auto Industry News
IEA Confirms 120 Million Barrel Oil Release With U.S.
The International Energy Agency on Wednesday said its member countries had agreed to release 120 million barrels of oil, with the United States contributing half, in a bid to cool oil prices after Russia's invasion of Ukraine.
Oil Slumps To Three-Week Low After Fed Minutes, Big IEA Reserve Release Announcement
Apr 11, 2022 04:40 AM
Oil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from the U.S. central bank that bolstered the dollar.
Ukraine's Zelenskiy: Delay On Russia Oil Embargo Decision Is Costing Lives
Apr 11, 2022 04:24 AM
Ukrainian President Volodymyr Zelenskiy on Thursday called on Western politicians to quickly agree on an embargo of Russian oil, complaining that their failure to do so was costing Ukrainians their lives.
Factbox-Who Is Buying Russian Crude Oil And Who Has Stopped
Apr 11, 2022 04:16 AM
Australia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases following Moscow's invasion of Ukraine, but the European Union remains divided.
Essential Aspects Of A Fuel Cell Car
Apr 10, 2022 11:17 PM
Hydrogen fuel cell cars are one of the biggest predicted trends and are expected to rule the market in the coming years. Read on to know more about the technology.
Top Racing Vehicles That Will Mesmerize You
Apr 10, 2022 11:13 PM
High-performance vehicles have captured the imagination of car lovers across the world. This is why manufacturers are working on enhancing the features of such cars further.
SCR, EGR And Catalytic Converters: What Are They?
Apr 10, 2022 11:01 PM
Most natural fuels are made up of hydrocarbons, which implies that when they are burnt with oxygen from the air, they must create only carbon dioxide and water as emissions.
Negative Camber: Is This Good Or Bad For Your Car?
Apr 10, 2022 10:58 PM
A negative chamber refers to the angle at which the bottom of the wheel is farther out than the top. Read on to know more about the essential aspects of negative camber.
Interesting Facts About The Depreciation Of A Car
Apr 10, 2022 10:28 PM
Most automobile buyers do not plan on keeping their vehicle for longer than a few years; thus, the aspect of depreciation assumes greater importance for such owners.
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