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CGT Union Votes To Continue Strike At TotalEnergies' French Refineries
Despite the government requisitioning key refinery staff to get petrol flowing again, nearly a third of gas stations still have supply problems.
Oil Steady As Recession Woes Counter Positive Chinese Signals
Oct 27, 2022 06:32 AM
China's central bank rolled over maturing medium-term policy loans on Monday while keeping its key interest rate unchanged for a second month, in a signal that loose monetary policy would be maintained.
Fire At Indian Oil's Haldia Refinery Injures Three -Local Media
Oct 27, 2022 06:00 AM
In December last year, a fire killed three people and injured 44 during maintenance-related work at the refinery.
UAE Says It Fully Stands With Saudi Arabia To Support Energy Stability, Security
Oct 27, 2022 05:48 AM
UAE also added that it supports the Saudi foreign ministry's statement regarding the latest OPEC+ decision and rejects statements that push for politicising it, WAM said.
Rupee May Track Asian Peers Higher; U.S. Yields, Oil Prices In Focus
Oct 27, 2022 05:34 AM
The rupee is seen opening at 82.25-82.30 per U.S. dollar. On Tuesday, the rupee finished at 82.36, a level almost flat to the dollar, after attempting to strengthen above 82-mark at one point.
Honda Motorcycle & Scooter India to launch flexi-fuel model by end-2024
Oct 27, 2022 05:14 AM
Honda Motorcycle and Scooter India plans to launch a flexi-fuel model of motorcycle in India by end-2024, the company's CEO said on Wednesday.
U.S. Says Russia Oil Price Cap Will Not Be Aimed At OPEC
Oct 27, 2022 04:59 AM
The comments could help ease a spat between the United States and Saudi Arabia, the top oil exporter and de facto OPEC leader, over what Washington sees as collaboration with Russia to deprive markets of supply just as a global recession looms.
Oil Up In Tight Market As U.S. Sets Release Of More Reserves
Oct 27, 2022 04:42 AM
Brent crude futures for December settlement ended up $2.38, or 2.6%, to $92.41 a barrel. U.S. West Texas Intermediate crude (WTI) for November, which is expiring on Thursday, ended at $85.55 a barrel, up $2.73, or 3.3%.
Strikes End At Some Of Total Energies' French Refineries
Oct 27, 2022 04:34 AM
With an eye on the autumn school break that starts at the end of the week, members of the French government, who forced some fuel depot staff to return to work earlier this week, repeated that a back to normal situation was within reach.
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