Economics

WTI Trades Near 3-Day High on U.S. Economy; Brent Rises

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West Texas Intermediate crude traded near the highest intraday price in three days amid signs that economic growth is being sustained in the U.S. and China, the world’s two biggest oil consumers. Brent also rose in London.

Futures climbed as much as 0.9 percent in New York. A Labor Department report showed U.S. employment exceeded the pre-recession peak for the first time, while China’s exports climbed in May. Russia and Ukraine plan another round of natural gas talks today, while OPEC ministers say they will probably leave their oil-production target unchanged this week.