Bloomberg Stocks rise on Tuesday as cease-fire talks between Russia and Ukraine helped fuel risk appetite. The Stoxx Europe 600 Index advanced, with auto and consumer stocks outperforming. US equity futures climbed after benchmarks rose for a third session. Oil reversed earlier declines as investors weighed the impact of China’s mobility curbs against a Covid-19 resurgence on demand. Government bond …

  Bloomberg Oil retreated as China’s worsening virus resurgence raised concerns about demand in the world’s biggest crude importer. West Texas Intermediate futures fall as much as 6.2% after authorities in Shanghai said they will lock down half of the city in turns for mass Covid-19 testing. Global growth risks from inflation and tightening monetary policy also hit market sentiments, …

  Bloomberg Argentina, home to some of the world’s vastest gas reserves, is bracing for the unthinkable: rationing one of its chief natural resources. Despite having shale-gas deposits to rival those in Appalachia, which made the US a major exporter, Argentina’s domestic gas production sector has suffered from years of underinvestment that has left it unable to meet domestic demand, …