0726 GMT - European oil-and-gas companies were amongst the largest gainers in opening trade in Europe. The rise came as Brent crude rose 1.8% to $66.66 a barrel despite the Organization of the Petroleum Exporting Countries and its allies agreeing to raise oil output further next month. The supply increases of 137,000 barrels a day from October are below previous moves, below expectations and flexible, Swissquote Bank's Ipek Ozkardeskaya wrote. In London, BP rises 1.7% and Shell is up 1.2%. France's TotalEnergies and Spain's Repsol are both up around 1.4%. In Italy, Eni trades up 0.6%.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

September 08, 2025 03:26 ET (07:26 GMT)

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