Auto Industry
Reuters
Dec 31, 2022, 5:26 PM
The market was also buoyed by concerns about supply disruptions, including the ongoing shutdown of the Canada-to-United States Keystone crude pipeline following a massive leak last week.
2 Min
Reuters | Dec 31, 2022Turkey Reaches Deal Over New Crude Tanker Insurance RegulationsThe Turkish measures, which came into effect on Dec. 1, requires vessels to provide proof of insurance for the duration of transit through the Bosphorus or when calling at Turkish ports.2 mins read
Reuters | Dec 31, 2022Ecuador's State Oil Firm Says Weather Power Outage Hits Hundreds Of WellsIn a statement, Petroecuador did not estimate the impact of Sunday's incident on its production levels, but said it was working to normalize output in the coming days after the resulting power outage affected 728 of its wells.1 min read
Reuters | Dec 31, 2022Oil Up $2/bbl On Supply Risks Amid Ongoing Keystone OutageBrent crude futures settled at $77.99 a barrel, gaining $1.89 or 2.5%. U.S. West Texas Intermediate crude settled at $73.17 a barrel, rising $2.15, or 3%.3 mins read- Reuters | Dec 31, 2022Oil Tankers Waiting To Pass Through Istanbul Strait Fall To 13: ReportA Turkish measure in force since the start of the month has caused shipping delays. It requires vessels to provide proof of insurance covering the duration of their transit through the Bosphorus Strait or when calling at Turkish ports.1 min read
Reuters | Dec 31, 2022Turkey Oil Tanker Logjam Snarls Russia Oil SanctionsA total of 28 oil tankers are in a queue seeking to leave the Bosporus and Dardanelles straits, the Tribeca shipping agency said.3 mins read
Reuters | Dec 31, 2022Nikola To Sell Up To 75 Hydrogen-Powered Trucks To Plug PowerElectric vehicle (EV) makers are looking to capitalize on tax incentives provided by the U.S. Inflation Reduction Act (IRA) to lower costs of adopting EVs for commercial purposes.1 min read
Reuters | Dec 31, 2022Indian Luxury Car Dealer Landmark IPO Oversubscribed By Threefold Shares On OfferInvestors bid for 24.6 million shares by the final day of bidding, 3.1 times the 8 million shares on offer, exchange data showed.2 mins read
Reuters | Dec 31, 2022Nikola Founder Seeks New Trial, Says Juror Concealed Bias Against WealthyMilton told U.S. District Judge Edgardo Ramos in court papers that the juror's Twitter and Facebook pages were "riddled with attacks on wealthy executives"2 mins read
