European Energy Majors Fall as Oil Drops Below $100 a Barrel -- Market Talk

Dow Jones

04/08

0723 GMT - European energy stocks fell at the opening bell after oil prices dropped below $100 a barrel following the two-week cease-fire deal between the U.S. and Iran. London-listed oil majors BP and Shell were down 7.8% and 6.3%, respectively. Equinor, Repsol and TotalEnergies shares were down 9.6%, 8.2% and 5.35%, respectively. In early European trading, the front-month Brent contract for June delivery slid 15% to $92.90 a barrel, while West Texas Intermediate futures for May fell 18% to $94.63 a barrel. (ian.walker@wsj.com)

(END) Dow Jones Newswires

April 08, 2026 03:23 ET (07:23 GMT)

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London-listed oil majors BP and Shell were down 7.8% and 6.3%, respectively. Equinor, Repsol and TotalEnergies shares were down 9.6%, 8.2% and 5.35%, respectively. In early European trading, the front-month Brent contract for June delivery slid 15% to $92.90 a barrel, while <a href=\"https://laohu8.com/S/WTXR\">West Texas</a> Intermediate futures for May fell 18% to $94.63 a barrel. (ian.walker@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2026 03:23 ET (07:23 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0300736062.USD","symbol_name":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2625131329","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2625131329","pubTimestamp":1775632980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0723 GMT - European energy stocks fell at the opening bell after oil prices dropped below $100 a barrel following the two-week cease-fire deal between the U.S. and Iran. 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