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Coronavirus: Self-employed grant claims top one million

2020-05-15 18:17:05| BBC News | Business | UK Edition

More than one million people have applied for money from the government coronavirus help scheme.

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California Resources Reportedly Seeking Up to $600 Million Bankruptcy Loan

2020-05-14 16:30:00| OGI

California's biggest oil producer has been seeking a bankruptcy loan of $500 million to $600 million, though the talks are still fluid and the amount could change, the report said.

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US to Buy Up to 1 Million Barrels of Oil for Emergency Reserves

2020-05-14 11:10:00| OGI

In late April, the Energy Department said nine companies including Chevron and Exxon Mobil had agreed to rent space to store 23 million barrels of crude.

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Sternlichts Blank-Check Firm Seeks $500 Million in U.S. Listing

2020-05-13 22:33:00| National Real Estate Investor

Jaws Acquisition Corp. aims to list on the New York Stock Exchange and would target companies in growth-oriented industries.

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EIA: US Oil Demand Set to Crash by 2.2 Million bbl/d in 2020

2020-05-12 20:00:00| OGI

Meanwhile, U.S. crude production is expected to fall 540,000 bbl/d from last year's record high to 11.7 million bbl/d in 2020, compared with the EIA's previous forecast for a decline of 470,000 bbl/d.

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