Brent oil climbed amid a broader market rebound after capping the longest run of declines in more than three years. Futures in London rose 3.2% on Monday, rallying with equities and other commodities, after earlier slipping below $65 a barrel. In addition to more positive sentiment in financial markets, China has made progress in containing the fast-spreading delta variant, bringing local cases down to zero . Oil’s scorching rally over the first half of the year has run into stiff headwinds recently, and the broader virus resurgence may prompt OPEC+ to reassess its pledge to keep boosting output each month. The group next meets on Sept. 1. The market will also be looking toward the Federal Reserve’s annual Jackson Hole symposium from Thursday — being held virtually — which may offer insights into how the central bank plans to taper bond purchases. “We’ve seen quite some pressure in recent […]