U.S. stocks are rebounding from a seven-day decline that erased $1 trillion from equity prices and coincided with a 15% drop in West Texas Intermediate crude between Dec. 5 and Dec. 16. S&P 500 energy producers tumbled 8% over the stretch.
Brent rose for the first time in six days amid speculation about the price level that will force some producers to curb investment and limit future supply growth. West Texas Intermediate advanced in New York.
U.S. stock futures dropped, signaling equities will extend their worst loss in six weeks, as global shares slid after China tightened lending rules and concern grew that early Greek elections could trigger political turmoil.