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-0.00140646976090011 -0.00421940928270046 -0.0035161744022504 -0.00144163150492266 -0.0210970464135022 -0.0123066104078763 -0.0281293952180028 -0.0362165963431787
Stock impact report

Trump Developing Plans to Aid Oil Despite Democrats’ Opposition [Yahoo! Finance News]

Occidental Petroleum Corporation (OXY) 
Last occidental petroleum corporation earnings: 2/27 04:13 pm Check Earnings Report
US:NYSE Investor Relations: oxy.com/investors/pages/default.aspx
) -- A plan being weighed by Treasury Secretary Steven Mnuchin to steer financial aid to beleaguered oil drillers could set up a clash with Democrats who have warned against any bailout for the industry.Mnuchin said he is considering a lending program for the companies that are seeking aid as they cope with a devastating plunge in prices.“One of the components we’re looking at is providing a lending facility for the industry,” Mnuchin told on Thursday. “We’re looking at a lot of different options and we have not made any conclusions.”Industry allies have promoted several ideas, such as loans to distressed producers in exchange for government stakes or lifting restrictions on existing aid programs, which could complicate negotiations on future stimulus packages.President Donald Trump pledged to make funds available to oil companies on Tuesday, and top cabinet officials have been huddling over a plan to deliver on the president’s tweeted promise to ensure “these very important compani Show less Read more
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