Melbourne — Oil prices edged higher in early trade on Tuesday after US President Donald Trump returned to the White House from hospital after being admitted for treatment for Covid-19 last Friday, while another storm brewed in the US Gulf of Mexico.

Prices fell sharply last Friday when Trump went into hospital, then climbed more than 5% on Monday after he said he would return to the White House and as hopes grew that a deal could be agreed for a US economic stimulus package to counter the impact of the coronavirus pandemic...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.