Post Tagged with: "US stimulus"

Oil rises on vaccine optimism, U.S. stimulus

Oil rises on vaccine optimism, U.S. stimulus

Reuters


LONDON – Oil prices rose on Monday, supported by optimism about COVID-19 vaccinations, a U.S. stimulus package and growing factory activity in Europe despite coronavirus restrictions.

Brent crude was up 34 cents, or 0.5%, at $64.76 a barrel by …

Source: CNBC

Yellen says U.S. could return to full employment next year if Congress passes $1.9 trillion stimulus

CNBC


The U.S. could return to full employment in 2022 if President Joe Biden’s $1.9 trillion coronavirus rescue package is passed, Treasury Secretary Janet Yellen said on Sunday.

“There’s absolutely no reason why we should suffer through a long …

February 8, 2021 - 1:00 pm Closing Bell Story‎, Economy, Finance, Politics, Uncategorized
Source: Reuters

Oil steadies below $52 as U.S. stimulus counters weak demand

Reuters


LONDON – Oil steadied on Monday, after earlier rising to $52 a barrel, as optimism over the U.S. stimulus package and the start of a European vaccination campaign was balanced by weak demand and the prospect of higher OPEC+ …

Oil steady on new lockdowns, vaccine hopes

Oil steady on new lockdowns, vaccine hopes

Reuters


LONDON – Oil steadied on Monday, pressured by concerns over surging coronavirus cases globally and by Libya’s plan to boost output, however, prices found some support by hopes of a U.S. fiscal package and expectations of a vaccine by …

October 19, 2020 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC