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Auto · 24 Aug 2022
Clashes In Oil-Rich Shabwa Test Yemen’s New Presidential Council
Yemen’s new presidential council is under strain over clashes between nominal allies in oil-rich Shabwa this week, imperilling Saudi Arabia’s efforts to strengthen an anti-Houthi coalition and potentially…
Auto · 24 Aug 2022
Devastating Fire May Force Cuba To Resort To Floating Oil Storage
An inferno at Cuba’s largest oil storage facility has killed at least one firefighter, injured many more, and threatens to further swell the fuel import bill for the…
Auto · 24 Aug 2022
Ukraine Halted Oil Flows To Europe Over Payment Issue, Russia’s Transneft Says
Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian…
Auto · 24 Aug 2022
Oil Rises Nearly 2% On Strong Economic Data But Trade Choppy
Oil prices rose nearly 2% in volatile trading, bouncing off multi-month lows touched last week, as positive economic data from China and the United States fed hopes for…
Auto · 24 Aug 2022
Indian Oil Corp Unit To Open 50 Fuel Stations In Sri Lanka To Help Alleviate Crisis
Sri Lanka has given approval for India’s Lanka Indian Oil Corporation (LIOC) to open 50 new fuel stations, a company official said on Monday, as part of efforts…
Auto · 24 Aug 2022
Cuba Gets Help From Mexico, Venezuela To Fight Oil Fire
Cuba appeared to make progress bringing under control a fire at its main oil storage facility that has killed one firefighter, drawing on help from Mexico and Venezuela…
Auto · 24 Aug 2022
OPEC+ Sees Slightly Smaller Oil Market Surplus This Year, Sources Say
OPEC+ sees this year’s oil market as slightly less supplied than previously thought, a day ahead of a meeting at which the producer group is set to decide…
Auto · 24 Aug 2022
Oil Sinks About 4% After Weak Factory Data Sparks Demand Concerns
Oil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week’s meeting of OPEC and its…
Auto · 24 Aug 2022
Mercedes-AMG EQS 53 4MATIC+ Electric Sedan Launched In India; Priced At Rs. 2.45 Crore
The new Mercedes-AMG EQS 53 4MATIC+ electric sedan is the German brand’s second electric product in India after the Mercedes-Benz EQC electric SUV and is being sold as…
Auto · 24 Aug 2022
Mercedes-AMG EQS 53 4MATIC+ India Launch Live Updates: Price, Features, Specs, Images
Mercedes-Benz is launching its flagship electric car in India, the EQS, and it is arriving here in its AMG guise first.