Oil

Oil rebounded from its lowest level in almost three months, while China is considering measures to revive the world's second-largest economy. West Texas Intermediate crude futures rose above $69 a barrel after losing more than 7% in the previous three sessions. China surprised economists on Tuesday by cutting short-term interest rates, and Beijing is also considering a large stimulus package. In the United States, inflation slowed in May, reinforcing the idea that the Federal Reserve will pause raising interest rates. Fires on the rise in Canada: air quality and oil production are threatened “The risk is present” this morning, since…