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.

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.

the LNG industry was already under pressure from low international prices and weaker-than-expected demand in key end-user markets.

U.S. industrial production rose 0.6 percent in February after falling 0.5 percent in January

Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in March from 9,057 to 9,075 thousand barrels/day, gas production to decrease 188 million cubic feet/day from 85,167 to 84,979 million cubic feet/day .

In April, Russia may fully return to production levels reached before the OPEC+ deal in October 2018, Novak said.

Replenishing the Strategic Petroleum Reserve would enable the government to take as much as 77 million barrels off the world market.

the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.

U.S. Rig Count is down 1 rig from last week to 792, Canada Rig Count is down 28 rigs from last week to 175

The benchmark S&P 500 and the Nasdaq have lost over a quarter of their value since reaching record closing highs just 16 sessions ago, as nations around the world grapple with how to contain the fast-moving coronavirus and its economic effects.