Auto Industry News

The oil market continues to face uncertainties stemming from the COVID-19 pandemic, said OPEC Secretary-General Mohammad Barkindo.

The Mahindra XUV300 is one of the safest cars in India, and if you are planning to buy a pre-owned model instead, then here are some pros and cons you should know about.

Oil demand is set to rise by half a million barrels per day (bpd) as the power sector and heavy industries switch from more expensive sources of energy, the IEA said.

Oil secretary Tarun Kapoor said Exxon would either take a stake in the Indian fields or form a joint venture with ONGC to operate them.

The Hyundai Venue is one of the most popular SUVs in the Indian market, and if you planning to buy a pre-owned Venue, here are some pros and cons that you must know about.

Diesel sales by the country's state fuel retailers came in at 2.4 million tonnes during Oct. 1-15, a decline of about 9.2% from last year and down 0.9% from the same period in 2019, the data showed.

Brent crude futures rose 92 cents, or 1.1%, to settle at $85.53 a barrel. The benchmark, which touched a three-year high of $86.10 on Thursday, was up 1% in the week, its seventh weekly gain.

Oil prices have also been bolstered by worries over coal and gas shortages in China, India and Europe, which spurred fuel switching to diesel and fuel oil for power.