(NEW YORK) -- If oil prices are any indicator, the global economy could be making a turn for the better.
Crude oil rose to a three-month high on Friday, now hovering around $98 a barrel. Moreover, crude is up 30 percent in a little more than a month.
The stronger demand for energy is a key economic indicator. Investors are growing more hopeful that Europe will be able to keep its debt problems from creating an international crisis.
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