Oil prices rise on positive Trump news
Analysts said Monday’s rebound was driven by an easing of the worst fears about Donald Trump’s health condition, albeit clouded by some mixed signals
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%...