Oil Trades at Three-Month High on Demand Strength\, Trade Hopes

Oil Trades at 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 Trades at Three-Month High on Demand Strength, Trade Hopes

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