OIL ON THREE-MONTH HIGH AS US CONSUMERS ARE TRADE OPTIMISTIC

Oil prices are on a three-month high on Friday. This is a domino effect of record braking online spending of US consumers in the festive season, marked from thanksgiving to Christmas. The online spending encouraged the faith of the consumers in the world's number 1 economy even before the hoped-for end to the much-talked-about trade war between Washington and Beijing.

Brent crude oil futures were up by 13 cents, or if calculated ....