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Oil prices rise on stimulus package, fuel demand sinks

U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week. Demand for oil products, especially jet fuel, is falling dramatically as...

Italy records 683 coronavirus deaths in a day

The death toll from an outbreak of coronavirus in Italy has grown by 683 to 7,503, the Civil Protection Agency said on Wednesday, a decline in the daily tally of fatalities following a spike the day before. On Tuesday 743 people died. That followed 602 deaths on Monday, 650 on Sunday and a...