Oil hit three-month high on Monday

Note: This section contains information in English only.
Source: Reuters
Crude oil edged higher on Monday, and was trading higher than $115 per barrel, on supply concerns and on hopes that Central banks will stimulate economic growth in order to boost global oil demand.  Brent crude oil jumped as high as $115.11 per barrel. At the same time, U.S. oil rose by 64 cents to $93.51. On Friday, the International Energy Agency cut its oil demand forecast for the next year by 400,000 barrels a day, as global economic activity slows down.

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