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Oil Reaches Three-month Highs Following Strong U.S. Consumer Spending - Downstream News
Oil costs climbed on Friday, hitting three-month highs after data confirmed record online spending by U.S. shoppers, stoking faith in the world’s no. 1 economy even before the hoped-for end to the trade spat between Washington and Beijing. Brent crude futures have been up 13 cents, i.e., 0.2%, at $68.05 per barrel at 0150 GMT, …