Oil Advances as China Plans Economic Boost, Red Sea Risks Grow

Oil rose for a second day after top importer China said it would take steps to revive consumption by boosting incomes, and the US ordered fresh attacks on the Houthis in Yemen.Brent crude climbed above $71 a barrel after advancing 1% on Friday, with West Texas Intermediate near $68. Beijing will give details on policies to stabilize stock and real estate markets, lift wages and boost the nation’s birth rate, state-run news ...