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Oil gained 2.5%  after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.
Oil Rises 2% As No Immediate Saudi Output Boost Expected
Calender
Jul 28, 2022 10:10 PM
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3 mins read
Oil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.
Libya's Oil Chief Rejects Sacking, Says Govt Mandate Expired
Libya's Oil Chief Rejects Sacking, Says Govt Mandate Expired
calender
Jul 28, 2022 10:04 PM
The head of Libya's National Oil Corp (NOC) rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.
Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023
Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023
calender
Jul 28, 2022 09:51 PM
Technology group Bosch expects supply bottlenecks for some types of chips to last into 2023 even as inflation reduces demand for certain consumer goods, the company said on Wednesday as it announced a 3 billion euro investment in chip production.
Renault: Expects Higher Production Of Semi-Conductors In Second Half Of This Year
Renault: Expects Higher Production Of Semi-Conductors In Second Half Of This Year
calender
Jul 28, 2022 09:45 PM
Renault is seeing some improvement regarding the availability of semi-conductors.
Tata Motors Signs MoU With EC Wheels India; To Supply 1,000 Xpres-T EVs
Tata Motors Signs MoU With EC Wheels India; To Supply 1,000 Xpres-T EVs
calender
Jul 28, 2022 08:11 PM
The deliveries of the Tata Xpres-T electric sedans to EC Wheels India will commence in phases.
2022 Hyundai Tucson Level 2 ADAS Features Explained
2022 Hyundai Tucson Level 2 ADAS Features Explained
calender
Dec 18, 2023 02:52 PM
Unlike our usual reviews, this time we were in the passenger seat of the 2022 Hyundai Tucson and not testing out the car's ADAS features but instead experienced it to gain some perspective as a co-passenger.
Tesla Braces For Earnings Hit, But EV Delivery Outlook Is Key
Tesla Braces For Earnings Hit, But EV Delivery Outlook Is Key
calender
Jul 28, 2022 04:30 PM
Tesla navigated supply-chain challenges better than rivals early in the pandemic, and Deutsche Bank analyst Emmanuel Rosner said high prices and cost-cutting could help Tesla pleasantly surprise investors.
Herbert Diess, Volkswagen's Disruptor-In-Chief, Runs Out Of Road
Herbert Diess, Volkswagen's Disruptor-In-Chief, Runs Out Of Road
calender
Jul 28, 2022 12:27 AM
Diess will leave Volkswagen on Sept. 1, three years before his contract was supposed to end, with many of the goals he set as the German auto giant's disruptor-in-chief unfinished and uncertain.
Maruti Suzuki India Q1 FY 2023 Results: Net Profit Grows By 79 Per Cent
Maruti Suzuki India Q1 FY 2023 Results: Net Profit Grows By 79 Per Cent
calender
Jul 27, 2022 10:01 PM
During the quarter, Maruti Suzuki registered net sales of Rs. 25,286.3 crore as against Rs. 16,798.7 crore, clocking a growth of 40 per cent.