Oil Rises for Third Day on China Speculation, Rising Equities

Oil rose for a third day, the longest winning streak in a month, as slowing growth in China fueled stimulus speculation and U.S. equities advanced.

Crude gained 1.2 percent as China’s growth declined to the weakest pace in three years, putting pressure on the government to act. U.S. stocks rose, with the Standard & Poor’s 500 Index gaining for the first time in seven days.