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Auto · 31 Jul 2022
Oil Edging Higher Supported By The Prospect Of A Tight Market
U.S. petrol stocks fell by 482,000 barrels to 219.7 million barrels, U.S. Energy Information Administration said. The start of summer driving season in the United States normally entails…
Auto · 31 Jul 2022
Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
Oil prices hit a two-month high at $121 per barrel as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an…
Auto · 30 Jul 2022
F3: Kush Maini Charges To Sprint Race Podium In Hungary
Indian racing driver Kush Maini climbed his way up from P7 to a maiden Formula 3 podium in mixed weather conditions at the Hungaroring.
Auto · 30 Jul 2022
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about 750 million euros ($800 million) to upgrade its refineries and expand a…
Auto · 30 Jul 2022
Indian Oil Minister Says Oil At $110 A Barrel Not Sustainable
India’s Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable
Auto · 30 Jul 2022
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders…
Auto · 30 Jul 2022
Oil Falls 2% On Powell Comments, Hopes For Venezuela Supply
Russia’s production dropped by 9% in April, and the country, part of the OPEC+ group, produced far below levels required under a deal to gradually ease record output…
Auto · 30 Jul 2022
India Oil Cos’ $125.5 Million Dividend From Oil Assets Stuck In Russia
European countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on Feb. 24, but India has not explicitly condemned the…
Auto · 30 Jul 2022
F1: George Russel Storms To Pole For The Hungarian GP
George Russel claimed his career first pole position and Mercedes’ first pole of the season for the 2022 Hungarian Grand Prix ahead of the two Ferraris.
Auto · 30 Jul 2022
Oil Falls Around 3% As Investors Eye U.S. Fed Rate Hikes
Oil prices pared losses, however, during the session after Fed Chair Jerome Powell pledged an “overarching focus” on bringing down inflation and reiterated that ongoing increases in the…