Oil prices had fallen sharply when Trump went to hospital on Friday, as the investors were filled with uncertainty over what would happen in the United States as the country gears up for a presidential election on Nov. 3.
Read MoreBrent was up $1.20, or 3.1%, to $40.47 a barrel by 0925 GMT. U.S. West Texas Intermediate (WTI) crude was $1.26, or 3.4%, higher at $38.31 a barrel.
Read MoreTrump's health update eased political uncertainty in global markets, pushing Brent up to $39.96 a barrel by 0232 GMT, gaining 69 cents or 1.8%. U.S. West Texas Intermediate (WTI) crude was at $37.81 a barrel, up 76 cents, or 2.1%.
Read MoreThe all-stock deal values Noble Energy at around $4.1 billion, excluding $8 billion in debt, and the vote cements the first big energy deal since the coronavirus crushed global fuel demand.
Read MoreBrent crude was down $1.66, or 4.1%, at $39.27 a barrel. Brent was down 7% on the week.
Read MoreBrent crude slipped on the Trump news and was down $1.12, or 2.7%, at $39.81 a barrel by 0710 GMT.
Read MoreThe reduction in gas price to USD 1.79 per metric million British thermal unit (mmBtu) from USD 2.39 'is credit negative for upstream companies such as Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) as it will lower their revenue from gas sales'
Read MorePetrol sales rose to 2.2 million tonne in September as compared to 2.16 million tonne in the same month last year and 1.9 million tonne during August 2020.
Read MoreUS West Texas Intermediate (WTI) crude futures slipped 1 cent to $40.21 a barrel at 0146 GMT, after jumping 2.4% on Wednesday.
Read MoreIndia's government, which is looking to finance welfare schemes and bridge a fiscal deficit that has already topped the annual target, had aimed to raise $8 billion to $10 billion through the sale of its stake in BPCL.
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