Rolling live coverage of business, economics and financial markets as first official snapshot expected to eurozone GDP down 2% in first quarter
Oil prices have risen as investors look for tentative signs of emerging demand for fuel.
Brent crude futures prices, the international benchmark, have risen by 3.4% today to a high of $32.44 per barrel.
Data released on Friday showed China’s daily crude oil use rebounded in April as refineries ramped up operations.
The market mood remains less than euphoric, though, with the coronavirus pandemic far from over and new clusters emerging in some countries where lockdowns have been eased.
Betting giant William Hill has put out an update on its results in the year to 28 April, highlighting the massive fall off in revenues as lockdown hit.