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US prices turned negative in the depths of the downturn as demand collapsed. Supply exceeded demand and storage capacity reached capacity.

US dollar index is a measure of the value of the US dollar relative to a basket of foreign currencies. Oil is mostly traded in US dollars all over the world and a stronger US dollar pressures the oil demand.

US Secretary of State Mike Pompeo walks with European Parliament President David Sassoli at the EU Parliament in Brussels, Belgium, Sept 3, 2019. [Photo/Agencies]

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US Secretary of Defense James Mattis speaks during a press briefing at the Pentagon, Aug 28, 2018 in Arlington, Virginia. At right is Chairman of the Joint Chiefs of Staff Gen. Joseph Dunford. [Photo/VCG]

US stocks fell in early trading Monday with investors surveying the economic damage done by the coronavirus pandemic and seeing gloomy prospects for a sustained rebound as oil prices, a proxy for future activity, fell.

US faces opposition on 'snapback' Iran sanctions - World - Chinadaily.com.cn

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US border officers detained more than 132,000 people crossing from Mexico in May, the highest level since 2006. Trump threatened to keep raising import duties on Mexican goods up to 25 percent unless Mexico acted to stem what he has called an "invasion."

US participants at the discussions include President of the Brookings Institution John Allen, former defense secretary William Cohen, and President and CEO of Asia Society Josette Sheeran.

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US President Donald Trump and the Democratic People’s Republic of Korea’s top leader Kim Jong-un sign documents in Singapore in this photo released on Tuesday by the DPRK’s Korean Central News Agency. KCNA VIA REUTERS

US COVID-19 case count rose to 17,000,408, with a total of 307,770 deaths, as of 10:27 am local time (1527 GMT), according to the CSSE tally.