Auto Industry
Reuters
Dec 31, 2022, 5:23 PM
Soitec and STMicroelectronics are deepening their cooperation over the manufacturing of a key and fast-growing material used in the electric car industry.
1 Min
Reuters | Dec 31, 2022U.S. Urges Caution On Low-Quoted Russian Oil Prices As EU Debates Price CapThe Biden administration broke its silence on European Union deliberations over a $65-70 per barrel Russian oil price cap, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.2 mins read
Reuters | Dec 31, 2022Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit GainsOil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.2 mins read
Reuters | Dec 31, 2022OPEC+ Switch To Virtual Meeting Signals Policy Roll-Over Ahead Of Russian Oil Price Cap - ReportThe OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change.2 mins read
Reuters | Dec 31, 2022Factbox - Western Governments Struggle To Agree On Russian Oil Price CapWestern governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine.3 mins read
Reuters | Dec 31, 2022India To Continue Buying Russian Oil, Ministry Source SaysIndia will continue buying Russian oil and even look for term contracts as sanctions allow purchases provided that Western services are not used.2 mins read
Reuters | Dec 31, 2022Reliance Makes Rare Buy Of Russian Naphtha, Ups Fuel Oil ImportsReliance Industries is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports.2 mins read
Reuters | Dec 31, 2022Essar Group Plans Rs. 40,000 Cr. Petrochemical Complex In OdishaEssar Group plans to set up a Rs. 40,000 cr. petrochemical complex in the eastern state of Odisha in a tie-up with a global player.0 mins read
Reuters | Dec 31, 2022G7 Coalition Agrees $60 Per Barrel Price Cap For Russian OilG7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.3 mins read
