Singapore — Oil prices rose about 2% on Monday, lifted by comments from doctors for US President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just a few days after his positive test for Covid-19 sparked widespread alarm.

Trump’s health update eased political uncertainty in global markets, pushing Brent up to $39.96 a barrel by 2.32am GMT, gaining 69c or 1.8%. US West Texas Intermediate (WTI) crude was at $37.81 a barrel, up 76c, or 2.1%...

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