Latest news
Carmakers apply for French EV subsidies under more stringent rules
Automakers will from Tuesday submit the specifications of their electric vehicles to French authorities in the hope they can continue to benefit from subsidies under new conditions that are likely to edge out many Chinese models.
read more... 11/10/2023
Italy weighs auto incentive scheme to cut Chinese EV price advantage
Italy is considering new incentives for car purchases that would factor in carbon emissions in the manufacturing and distribution process, two sources close to the matter told Reuters on Monday, a way of protecting its industry against Chinese imports.
read more... 03/10/2023
Daily (21.08.2023): Oil prices rose on Friday but lost ground for the week amid concerns over Chinese demand
Oil prices closed slightly higher on Friday but ended the week lower, with the market concerned about demand from China. The rise was mainly attributed to an expected drop in US crude oil inventories. Consequently, Brent crude increased by 0.8% to close at $84.80 a barrel, while WTI crude rose by over 1% to settle at $81.25 a barrel.
read more... 21/08/2023
Daily (16.08.2023): Oil prices extended losses on Tuesday amid various disappointing economic data surrounding Chinese economic outlook
Oil prices extended losses on Tuesday amid various disappointing economic data surrounding Chinese economic outlook. Worries about the stability of the U.S. financial system also contributed to the decline. As a result, Brent crude dropped by 1.5% to $84.89 a barrel, while WTI crude fell by 1.8% to settle at $80.99 a barrel.
read more... 16/08/2023
Daily (09.08.2023): Oil prices rose on Tuesday as tight supply offset disappointing Chinese commercial data
Oil prices rose on Tuesday after initially losing ground, amid concerns about Chinese demand following the release of disappointing commercial data in the country. As a result, Brent crude surged by 1% to $86.17 a barrel, while WTI crude increased by 1.2% to settle at $82.92 a barrel.
read more... 09/08/2023