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Auto · 25 Dec 2022
Toyota Launches Second Hybrid Vehicle In India Amid Green Car Push
Toyota launched its second hybrid car in India, a seven-seat people-carrier, as part of a broader strategy to double-down on the sale of electrified vehicles in emerging…
Auto · 25 Dec 2022
Swedish Self-Driving Truck Start-Up Einride Raises More Cash
Einride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company’s ability to pursue new markets…
Auto · 25 Dec 2022
China’s CATL To Provide EV Batteries For Honda Starting In 2024
CATL would supply batteries for seven years for Honda’s electric vehicles in China.
Auto · 25 Dec 2022
Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest Rates
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,…
Auto · 25 Dec 2022
U.S. Crude Turns Positive, Brent Pares Losses On OPEC+ Cut Rumors
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…
Auto · 25 Dec 2022
India To Receive First LNG Cargo From Indonesia’s Tangguh LNG
The LNG cargo is being transported by the BW Helios tanker, said Olumide Ajayi, senior LNG analyst at Refinitiv.
Auto · 25 Dec 2022
India Shares Defy Global Weakness, On Oil Slide To Close At New Record
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…
Auto · 25 Dec 2022
OPEC+ Meeting To Take Into Account Market Conditions: Report
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…
Auto · 25 Dec 2022
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.…
Auto · 25 Dec 2022
Ukraine’s Zelenskiy Says Europe Must Avoid Division, Set Low Price For Russia’s Oil
Ukraine’s President Volodymyr Zelenskiy on Friday called on Europeans to remain united against Russia’s war and to severely limit the price for Russian oil.