Oil Climbs to Three-Month High on Demand Strength\, Trade Hopes

Oil Climbs to Three-Month High on Demand Strength, Trade Hopes
The Haven accommodation jackup rig, owned by Jacktel AS, stands on the Johan Sverdrup oil field off the coast of Norway in the North Sea. (Photographer: Carina Johansen/Bloomberg)

Oil Climbs to Three-Month High on Demand Strength, Trade Hopes

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(Bloomberg) -- Oil climbed to a new three-month high as signs of improving demand buoyed a market momentarily roiled by confusion over U.S.-China trade.