The region, which also a popular tourist destination, has declared state of emergency following the recent surge

But as a second wave of infections rages around the world, the threat to oil demand is becoming apparent

Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels

Gold rose 1.0% to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011

In the US, energy drillers cut the number of oil and natural gas rigs operating to a record for an 11th week in a row

The tournament runs through August 2 at Ryogoku Kokugikan, the primary sumo arena at the heart of the Japanese capital

OPEC+ agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers from the coronavirus pandemic

At least 36 people are feared dead after record rains lashed areas of western Japan in the early hours of Saturday

Dr. Reddy’s and GRA will use the data for clinical studies, targeting virus patients in India, the Middle East, and other regions

Global oil consumption has started to recover as economies emerge from lockdown

Overall imports fell 26.2% in the year to May, versus the median estimate for a 20.4% decrease, posting the biggest drop since October 2009

Production from seven major U.S. shale formations is likely to drop to close to a two-year low of 7.63 million barrels per day by July

Global equities fallen sharply from late last week due to worries about US economy and confirmation of new coronavirus cluster in Beijing

Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase

Labor Department’s employment report showed that jobless rate falling to 13.3% last month from 14.7% in April, a post-World War Two high

Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period

OPEC countries including Russia may extend production cuts of 9.7 million barrels per day, or about 10% of global output into July or August

The saliva-based PCR tests can be given to those who have had symptoms for up to nine days, Japan’s health ministry said

Japan’s factory activity shrank at fastest pace since 2009, while South Korea saw manufacturing slump at sharpest pace in more than a decade

China is set to impose new national security legislation on Hong Kong