Post Tagged with: "coronavirus stimulus package"

Source: Reuters

Oil climbs on hopes for U.S. stimulus package

Reuters


NEW YORK – Oil rose on Monday, supported by an improvement in Chinese factory data, rising energy demand and hopes for an agreement in the United States on more coronavirus-related economic stimulus.

Brent crude LCOc1 rose 45 cents, or …

August 10, 2020 - 11:00 am China, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Trump administration working to ease drilling industry cash crunch

Reuters


WASHINGTON – The Trump administration is seeking to ease a severe cash crunch in the drilling industry by raising loan limits available under a coronavirus stimulus package and by barring lenders from discriminating against drillers, according to Energy Secretary …