Latest News
Oil Prices Down 1.5% For The Week On Recession Jitters
Oil prices fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand.
Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam - Report
Aug 29, 2022 10:42 PM
Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production.
ONGC Signs Agreement With ExxonMobil For Deepwater Exploration In India
Aug 29, 2022 10:42 PM
ONGC said it signed a HoA with global petroleum giant ExxonMobil for deepwater exploration in the country's East and West coasts.
India Eases Russian Oil Buying In July, Boosts Saudi Imports - Report
Aug 29, 2022 10:41 PM
India's crude oil imports from Russia fell for the first time since March.
India Hikes Taxes On Fuel Exports, Slashes Windfall Tax On Local Crude
Aug 29, 2022 10:41 PM
India raised fuel export taxes despite only cutting them a little over two weeks ago, and slashed a windfall tax on locally produced crude oil, according to a government notification.
Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook
Aug 29, 2022 10:41 PM
Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.
Oil Dips As Slowdown Worries Limit Price Gains
Aug 29, 2022 10:41 PM
Oil prices dipped after two days of gain, as market participants weighed worries about global economic slowdown.
SAIC Motor's Ridehailing Unit Raises 1 Billion Yuan In Series B Funding
Aug 29, 2022 10:40 PM
Momenta's investment in SAIC's ridehailing unit comes as startups have been pouring billions of dollars into autonomous technology, aiming to take an early lead in commercializing autonomous driving
Judge Orders Twitter To Give Elon Musk Former Executive's Documents
Aug 29, 2022 10:40 PM
Twitter Inc needs to give Elon Musk documents from a former Twitter executive who Musk said was a key figure in calculating the amount of fake accounts on the platform, according to a court order.
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