Latest News

India's Iraqi Oil Imports Fall To Lowest In 20 Months - Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.

India's IOC Buys Nov Sokol Cargo At Near Parity To Dubai Benchmark - Report
Nov 28, 2022 03:52 PM
Indian Oil Corp has purchased a cargo of Russia's Sokol oil for November delivery thorough a spot deal with a trading firm.

Russian Oil Cap Doubts Spur Insurer Fears Of Ships Left At Sea
Nov 28, 2022 03:50 PM
Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude.

Volkswagen: All Brands Have Halted Paid Activities On Twitter
Nov 28, 2022 12:08 AM
Volkswagen's brands have halted all paid activities on Twitter until further notice.

India Raises Windfall Tax On Crude Oil
Nov 27, 2022 10:15 PM
India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne.

Europe Rushes To Fill Up On Russian Diesel Before Ban Begins
Nov 27, 2022 10:14 PM
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.

Oil Rebounds From Early Plunge After Saudis Deny OPEC+ Output Report
Nov 27, 2022 10:12 PM
Oil prices rebounded from early losses after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.

Global Stocks, Oil Prices Slip As Rising COVID Cases Prompt Chinese Lockdowns
Nov 27, 2022 10:10 PM
Global stocks and oil prices slipped as a spike in COVID-19 cases and newly recorded deaths in China prompted authorities to reinstate lockdowns.

Mahindra Launches XUV700 In South Africa; Kick Starts New Expedition In The Continent
Nov 27, 2022 10:08 PM
Mahindra is hosting a 3 stage expedition with the first one - Karoo Expedition - already over, and the second expedition - XUV700: Explore Active Living - set to kick off soon.
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Electric Mobility

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Auto Industry

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