Composite PMI data showed the Eurozone suffered its largest ever monthly drop in business activity in March, as the Covid-19 outbreak gained pace
And in case you’d like a visual representation of what’s been going on between Moscow and Riyadh:
Global oil producers pic.twitter.com/kDV441EodI
More on the oil price moves amid reports that Opec+ (the cartel led by Saudi Arabia and Russia) is set to hold a virtual meeting on Monday.
Here is the latest from our energy correspondent Jillian Ambrose: