Daily Archives: July 5, 2020

Big Oil Confronts Possibility of Terminal Demand Decline

PARIS – Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak demand. The plunge in the price of crude oil during the first wave of coronavirus lockdowns — futures prices briefly turned negative — was due to the

County in Spain Back on Lockdown After New Coronavirus Infections

  An entire county in northwestern Spain is on lockdown all week because authorities fear a new COVID-19 outbreak even after the federal government ended a nationwide lockdown. Officials in La Marina in the Galicia region placed all 70,000 residents in a countywide quarantine after several bars in the area reported new cases. Only essential

Scientists Raise Alarm About Airborne Threat of Coronavirus

  A report in The New York Times says a group of 239 scientists from 32 countries will publish an open letter to the World Health Organization in a scientific journal this week. The scientists want WHO to revise its recommendations about how to avoid coronavirus infection. The scientists say the coronavirus is airborne, meaning virus particles