Auto Industry News
Oil Prices Fall 2% As Chinese Demand Worries Linger
U.S. West Texas Intermediate (WTI) crude futures were down $1.66, or 2.1%, at $76.28 a barrel. There was no WTI settlement on Thursday due to the U.S. Thanksgiving holiday and trading volumes remained low.
OPEC+ Meeting To Take Into Account Market Conditions: Report
Dec 25, 2022 03:08 PM
OPEC+'s October decision to reduce production by two million barrels per day (bpd) had played an important role in stabilising global markets, Saadoun, who serves as Iraq's delegate to OPEC, said.
India Shares Defy Global Weakness, On Oil Slide To Close At New Record
Dec 25, 2022 03:08 PM
The NSE Nifty 50 index rose 0.27% to settle at 18,562.75, and the S&P BSE Sensex climbed 0.34% to end at 62,504.80, with both notching closing highs for the third straight session.
India To Receive First LNG Cargo From Indonesia's Tangguh LNG
Dec 25, 2022 03:08 PM
The LNG cargo is being transported by the BW Helios tanker, said Olumide Ajayi, senior LNG analyst at Refinitiv.
U.S. Crude Turns Positive, Brent Pares Losses On OPEC+ Cut Rumors
Dec 25, 2022 03:08 PM
Price action was volatile. U.S. West Texas Intermediate (WTI) crude settled up 96 cents, or 1.3%, at $77.24, after earlier touching its lowest since December 2021 at $73.60.
Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest Rates
Dec 25, 2022 03:07 PM
After rising for three straight days, Brent futures fell $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.17, or 1.5%, to settle at $76.11.
India Probes Possible Misappropriation Of Incentives By EV Makers
Dec 25, 2022 02:56 PM
India is investigating the possible misappropriation of incentives given to EV makers under a Rs. 10,000 crore programme to promote their faster adoption.
Wall St Falls As U.S. Crude Oil Shakes Off Losses
Dec 24, 2022 11:52 PM
While a surge in COVID cases and clashes between police and protesters across several major Chinese cities over the weekend helped push U.S. Treasury yields lower, that move had also reversed course in afternoon trading.
India Purchased 40% Of Seaborne Russian Urals Oil In November: Report
Dec 24, 2022 11:51 PM
Russian Urals oil shipments to India accounted for about 40% of the total sea exports of Urals in November, not including the transit of oil from Kazakhstan, which is sold as KEBCO, Reuters calculations showed.
Upcoming Launches
