0841 GMT - Shares in European integrated energy companies trade lower on weaker oil prices and fears of a glut in supply. Brent crude dropped more than 3% to below $64 a barrel as data showed a surge in U.S. crude stockpiles, head of money and markets at Hargreaves Lansdown Susannah Streeter writes. Concerns that a U.S.-Iran deal could lead to a glut in supply have also pushed prices lower, she adds. In European morning trading, BP led the fallers, trading down nearly 4%, with British peer Shell dropping 2.7%. Norway's Equinor loses 2.2% while France's TotalEnergies and Portugal's Galp drop around 1.5%. Italy's Eni and Spain's Repsol trade down around 1%. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

May 15, 2025 04:41 ET (08:41 GMT)

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