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Oil Prices Flat as Global Virus Cases Hit 16mn

Oil prices were flat on Monday, as investors continued to watch the latest development regarding the COVID-19 pandemic. Globally, there were over 16 million people being infected by the virus, with the US accounting for roughly 20% of that figure. Market participants were also looking for any impact from storm …

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Trump Orders China to Close Consulate in 72 Hours

The United States ordered China to close its diplomatic consulate in Houston within 72 hours, dealing another blow to the rapidly deteriorating relations between the two countries. China promptly vowed to retaliate, calling the move illegal. The State Department said the closure was made in response to repeated Chinese violations of American …

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