Brent crude held above $111 a barrel on Tuesday, close to a three-month high hit in the previous session, as strong economic data boosted the demand outlook and outages in Libya maintained concerns about supply.Brent prices rose almost 2 percent on Monday after data showed U.S. factory activity expanded last month at its fastest pace in 2-1/2 years. That came after a report showing that manufacturing growth in China, the world's No. 2 oil consumer, hit an 18-month high in November."For the global economy as a whole, the consensus is that things are looking up and global manufacturing activity is expanding at its fastest pace since mid-2011," said David Hufton, managing director of London brokerage PVM Oil Associates."Signs of economic expansion are good for oil demand."Brent crude for January delivery was down 11 cents at $111.34 a barrel at 1236 GMT, after touching $112.34 a barrel in the previous session, the highest since Sept. 13.U.S. crude, also known as West Texas Intermediate or...
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