stimulus package

Wall Street backtracks on ‘gridlock is good’ stance with post-election stimulus at risk

October 20, 2020

Fox Business Investors are having second thoughts about which election outcome may be best for the financial markets, according to JPMorgan. Wall Street, which typically likes gridlock in Congress since it thwarts major regulatory changes, now fears a Democratic and Republican split will delay stimulus efforts the economy badly needs. A Biden victory and Republicans retaining the Senate was previously thought of as

Oil prices rise on stimulus package, fuel demand sinks

March 25, 2020

Reuters NEW YORK – U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week. Demand for oil products, especially jet fuel, is falling dramatically as governments globally announce nationwide lockdowns to slow the spread of coronavirus. Fuel

Oil rebounds from worst loss since 1991 amid stimulus hopes

March 10, 2020

Houston Chronicle Oil rebounded from its worst loss since 1991 on speculation that potential U.S. tax cuts may shield the market against the coronavirus and a price feud between major producers. Futures climbed 10% in New York, advancing in tandem with equities after President Donald Trump said his administration will discuss a possible payroll tax cut with Congress. Prices mostly

Abu Dhabi makes pitch to private sector in multi-billion dollar investment drive

February 19, 2020

CNBC The Abu Dhabi Government is turning to the private sector for the next phase of its multi-year, 50 billion dirham ($13.6 billion) economic stimulus plan known as Ghadan 21. The stimulus package is aimed at future-proofing and diversifying the Arab world’s second-largest economy, with demand for its lucrative hydrocarbon exports likely to peak in the next two decades and

oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

Brazil Stimulus Package to Include 42 Billion Reais from Workers Fund

July 23, 2019

From Reuters Brazil’s government will free up a total of 42 billion reais ($11.1 billion) from a workers’ guarantee fund over the next two years, Economy Minister Paulo Guedes said on Tuesday, in an effort to boost flagging economic growth. The total from the FGTS fund will be split between around 30 billion reais this year and 12 billion reais

Wall Street backtracks on ‘gridlock is good’ stance with post-election stimulus at risk

Oil prices rise on stimulus package, fuel demand sinks

Oil rebounds from worst loss since 1991 amid stimulus hopes

Abu Dhabi makes pitch to private sector in multi-billion dollar investment drive

Brazil Stimulus Package to Include 42 Billion Reais from Workers Fund

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