Brent crude rose for the third time in four days as Chinese export data signaled foreign demand may help sustain the economy in the world’s second-biggest oil consumer. West Texas Intermediate gained in New York . Futures climbed as much as 0.7 percent in London . Overseas shipments increased 11.6 percent from a year earlier, according to Chinese customs data on Nov. 8, exceeding the 10.6 percent median estimate in a Bloomberg News survey. The number of rigs drilling for oil in the U.S. last week shrank to the lowest since August, Baker Hughes Inc. said last week. Oil has slumped into a bear market amid a global glut, slowing drilling at U.S. shale formations. Leading producers in the Organization of Petroleum Exporting Countries are responding by cutting prices, resisting calls to reduce supply as they compete with the highest U.S. output in three decades. “It could be taken […]