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Goldman raises Q4 oil price outlook on lower OECD stocks

Feb 23 (Reuters) - Goldman Sachs raised its Brent and West Texas Intermediate crude forecasts for the fourth quarter of 2026 by $6 to $60 and $56 respectively, citing lower OECD stocks, even as it continued to assume no Iran-related supply disruption and maintained... Read More.

Tesla cuts price of Cybertruck model Cyberbeast in US

Feb 19 (Reuters) - Tesla has reduced the price of Cyberbeast, its most-expensive Cybertruck pickup truck model, to $99,990 from $114,990 in the United States, according to pricing information on the automaker's website on Thursday. With the recent price cut, Tesla looks to be discontinuing... Read More.

Rare earths surge above price floor given to MP Materials

By Eric Onstad LONDON, Feb 18 (Reuters) - Prices of two key rare earths, crucial for making super-strong magnets used in EVs and defence equipment, have rallied on firm demand and bottlenecks in supply, above a ground-breaking price floor provided by the U.S. last year... Read More.

China issues auto industry guidelines to curb price wars

BEIJING, Feb 12 (Reuters) - China's market watchdog on Thursday released guidelines for the auto industry aimed at regulating pricing behaviour, curbing price wars and preventing unfair competition. The guidelines from the State Administration for Market Regulation apply to car makers, part suppliers and dealers... Read More.