Asian markets lifted by oil price bounce but eyes on Trumpcare

HONG KONG: Energy firms rose in Asia on Monday as another increase in oil prices chipped away at last week’s hefty losses, but investors are getting tetchy as Donald Trump struggles to pass his healthcare bill, raising concerns about his economic agenda.

Crude jumped more than one percent, extending gains into a third straight trading day after being pummelled to 10-month lows Wednesday on fears that output cuts by OPEC and Russia will fail to avert another global supply glut.