BBC News in the UK reported on the oil price, which has collapsed due to falling demand during Covid-19 lockdowns around the world.
The price of oil has fallen further as coronavirus causes falling demand around the world. In the United States some oil prices turned negative – with oil producers in effect paying buyers to take supplies.
Meanwhile some countries are continuing to ease the lockdowns they put in place due to the pandemic. New Zealand is relaxing rules on local travel, following some easing of coronavirus restrictions in Germany and Denmark.
In the UK Boris Johnson is said to be very wary of relaxing restrictions too soon due to concerns it could lead to a second wave of coronavirus infections. The Prime Minister is continuing his recovery from the virus at Chequers, his country residence.
In the United States protesters have taken to the streets demanding an end to the lockdown. The US is feeling the economic effects of the pandemic, with unemployment soaring – more than 22 million Americans have put in new claims for benefits in the last month.
Huw Edwards presents News at Ten reports from Business Correspondent Michelle Fleury, Science Editor David Shukman, Political Editor Laura Kuenssberg and North America Editor Jon Sopel.BBC News YouTube Channel
How has your oil consumption changed after the Covid-19 outbreak? Do you have a comment on the market? Leave a public moderated comment, below.
In This Story: Boris Johnson
Boris Johnson has been Prime Minister of the United Kingdom and Leader of the Conservative Party since 2019.
7 Recent Items: Boris Johnson
In This Story: Denmark
Denmark, officially the Kingdom of Denmark, is a Nordic country in Northern Europe. The capital is Copenhagen. Denmark proper, consists of a peninsula, Jutland, and an archipelago of 443 islands.
The Kingdom of Denmark comprises Denmark proper and the two autonomous territories in the North Atlantic Ocean: the Faroe Islands and Greenland. Home rule was established in the Faroe Islands in 1948; in Greenland home rule was established in 1979 and further autonomy in 2009.
Denmark has highly developed mixed economy. Denmark became a member of the European Economic Community (now the EU) in 1973, but negotiated certain opt-outs; it retains its own currency, the krone. It is among the founding members of NATO, the Nordic Council, the OECD, OSCE, and the United Nations; it is also part of the Schengen Area. Denmark has close linguistic ties to its Scandinavian neighbours.
2 Recent Items: Denmark
In This Story: Germany
Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.
5 Recent Items: Germany
In This Story: Laura Kuenssberg
Laura Juliet Kuenssberg is a British journalist. In July 2015 she succeeded Nick Robinson as Political Editor of BBC News, the first woman to hold the position.