Production

Oil inches higher on hopes of US stimulus package

It is expected the $2 trillion aid package could help support demand, but it currently remains stalled in the US Senate

Hopes of stocking demand: the US Senate is continuing to negotiate a $2 trillion aid package to rescue the reeling US economy amid the coronavirus pandemic
Hopes of stocking demand: the US Senate is continuing to negotiate a $2 trillion aid package to rescue the reeling US economy amid the coronavirus pandemicPhoto: AFP/SCANPIX
  • Reuters
USAEdward MoyaOANDASteven MnuchinChina
Published 24 March 2020, 04:18Updated 24 March 2020, 04:18