Europe's Energy Stocks Slide as Oil Extends Losses -- Market Talk
Dow Jones
Yesterday
0922 GMT - European oil and gas stocks slide in morning trade as oil prices continue to fall on negotiations to end the war in Ukraine. Brent crude is down 1.2% to $59.85 a barrel, while WTI declines 1.2% to $56.01 a barrel, its lowest level since 2021. Norway's Equinor is down nearly 1%. Britain's Shell and BP, as well as Spain's Repsol, all fall around 0.6%. France's TotalEnergies is down 0.4%. Oil prices have come under pressure this year as traders anticipate a growing supply glut coupled with weakening demand. The prospect of Russian oil reentering the global market is putting additional downward pressure on prices. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
December 16, 2025 04:22 ET (09:22 GMT)
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