Oil rebounds on Trump health update, Norway shutdowns

LONDON: Oil prices rose on Monday after doctors said U.S. President Donald Trump could soon be discharged from the hospital where he is being treated for COVID-19, while six Norwegian offshore oil and gas fields were shut as more workers joined a strike.

Brent was up $1.81, or 4.6%, to $41.08 a barrel by 1337 GMT. U.S. West Texas Intermediate (WTI) crude was $1.91, or 5.2%, higher at $38.96 a barrel.

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