Downturn: A view of Equinor’s Johan Sverdrup oilfield platforms in the North Sea, Norway. The company has said it will close some of its fields on the oil price slump. — Reuters
SINGAPORE: Oil rose from a three-week low after a member of Donald Trump’s medical team said the United States president could leave the hospital soon, despite contradictory accounts about his health status.
Futures advanced 1.6% in New York after the biggest weekly drop since June amid a broader relief rally in Asian stocks. Trump’s condition remained clouded by confusion, with the president making a surprise outing from the medical center in a show of strength. Meanwhile, a strike in Norway is threatening to cut 8% of the nation’s output.
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