Auto Industry News
Russia Says It Won't Accept Oil Price Cap And Is Preparing Response
Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said.
Biden Not Planning To Speak To Putin For Now, G7 Agrees Oil Price Cap
Dec 31, 2022 05:29 PM
Biden does not intend to speak to Putin about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said.
Bosch To Beat Forecasts, Double Down On India - Report
Dec 31, 2022 05:29 PM
Bosch is set to earn more than 87 billion euros in revenues in 2022
Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina
Dec 31, 2022 05:28 PM
Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials
Oil Dips 1.5% Ahead Of OPEC+ Meeting, EU Russian Oil Ban
Dec 31, 2022 05:28 PM
Oil futures slipped 1.5% in choppy trading ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+).
Oil Rises As China Eases COVID Curbs, Dollar Weakens
Dec 31, 2022 05:28 PM
Oil prices rose about a dollar per barrel after top crude importer China eased COVID curbs in two major cities.
Nayara Energy Offers Gasoil For The First Time Since Sept
Dec 31, 2022 05:28 PM
India's Nayara Energy has issued a tender to sell high-speed diesel or gasoil for first time since September.
Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit Gains
Dec 31, 2022 05:28 PM
Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.
India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report
Dec 31, 2022 05:28 PM
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.
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