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2020, March, 18, 12:20:00
U.S. STIMULUS $850 BLN
The White House is proposing a roughly $850 billion economic rescue package Tuesday amid the coronavirus outbreak, a sweeping stimulus for businesses and taxpayers amid unseen since the Great Recession of 2008.
2020, March, 18, 12:15:00
FRANCE'S STIMULUS $50 BLN
Finance Minister Bruno Le Maire announced a €45 billion ($50 billion) aid package to help businesses and employees cope with the escalating health crisis and brace for a recession.
2020, March, 18, 12:10:00
SAUDI ARABIA'S OIL 12 MBD
"Saudi Aramco can sustain low oil prices for a long time," Aramco CEO Amin Nasser said on an earnings call. "We are very comfortable with a $30/b price [and] can meet our dividend and shareholder expectations at $30/b and even lower."
2020, March, 18, 12:05:00
IRAQ CALLS OPEC+
Saudi Arabia and Russia have signaled plans to boost production, causing oil prices to nosedive.
2020, March, 18, 12:00:00
OMAN'S OIL UP TO 1 MBD
Oman pumped 970,500 b/d of crude and condensate in December 2019, according to its ministry of oil and gas, but will be boosting volumes to its full capacity of 1 million b/d over the next few months,
2020, March, 18, 11:55:00
U.S. LNG PROBLEMS
the LNG industry was already under pressure from low international prices and weaker-than-expected demand in key end-user markets.
2020, March, 18, 11:50:00
21 REACTORS FOR INDIA
The rapid growth of nuclear in India is illustrated by the construction of 21 nuclear reactors to increase the power generation to 15,7 GW by 2031 in Mahi Banswara, Gorakhpur, Kudankulam, Rawatbhata, Kakrapar, Chutka-Madhya, and Kalpakkam (Fast Breeder).
2020, March, 18, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 0.6%
U.S. industrial production rose 0.6 percent in February after falling 0.5 percent in January
2020, March, 17, 13:30:00
OIL PRICE: NEAR $30
Brent crude was 0.5% lower at $29.91 a barrel , WTI crude reversed most of its earlier 4.7% gains to stand at $29.04 a barrel.
2020, March, 17, 13:25:00
IMF OFFERS HELP $1 TLN
The IMF stands ready to mobilize its $1 trillion lending capacity to help our membership.