U.S. oil futures posted a loss of almost 25% on Monday as reignited concerns about a scarcity of places to put an overflow of crude sent the June contract to its second-lowest settlement on record.

MUMBAI – Rubber contracts on the Indian Commodity Exchange ended in the red today due to weak demand from domestic stockists and tyre makers, traders said.

Tokyo Commodity Exchange (TOCOM) futures ended steady on Monday as optimism from fresh stimulus from the Bank of Japan to shore up economy was offset by continued worries about dwindling demand amid the coronavirus pandemic.

FRANKFURT (Reuters) - Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the latest of a fleet of European carmakers to take advantage of eased coronavirus lockdown rules to resume manufacturing.

SINGAPORE (Reuters) - Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to catch up with the collapse in demand from the coronavirus pandemic.

BEIJING (Reuters) - Profits earned by China’s industrial firms in March fell 34.9% from a year earlier to 370.66 billion yuan ($52.43 billion), the statistics bureau said on Monday.