Oil prices barely moved in early trade on Thursday as positive momentum from signs of a recovery in US gasoline demand was tempered by concerns about renewed lockdowns with COVID-19 infections surging in the United States.
Global coronavirus cases exceeded 12 million on Wednesday, according to a Reuters tally, as evidence mounts of the airborne spread of the disease that has killed more than half a million people in seven months.
Nigeria resumed domestic flights on Wednesday after a hiatus of around three months as Africa’s most populous country relaxes restrictions aimed at curbing the spread of the new coronavirus.
Brazilian President Jair Bolsonaro said on Wednesday he was “doing very well” after contracting the coronavirus, and credited an unproven drug for his mild symptoms.
When the new coronavirus hit Tanzania in mid-April, President John Magufuli called for three days of national prayer to seek God’s protection from the scourge. Barely a month later, he claimed victory over the disease and invited tourists to return to his East African nation.
China on Wednesday reported seven new coronavirus cases in the mainland for July 7, compared with eight cases a day earlier, the health authority said.
Colombia’s national lockdown to control the spread of coronavirus will be extended by just over two weeks until August 1, President Ivan Duque said on Tuesday.
The US coronavirus outbreak crossed a grim new milestone of over 3 million confirmed cases on Tuesday as more states reported record numbers of new infections, and Florida faced an impending shortage of intensive care unit hospital beds.
Just three countries account for more than 50% of the global daily infection rate associated with COVID-19 as cases continue to surge in the United States, Brazil, and India.
Health experts have warned politicians with advanced age to be cautious when executing their responsibilities as the country grapples to contain the spread of the coronavirus.