European Energy Stocks Rise as Oil Outlook Continues to Concern Investors -- Market Talk
Dow Jones
Yesterday
0719 GMT - European energy stocks rise in opening trade as oil prices move higher. Oil continues to concern investors as hopes for a breakthrough in talks between the U.S. and Iran run into fresh uncertainty, Hargreaves Lansdown's Matt Britzman writes. The two countries exchanged fresh blows over the weekend, with the U.S. attacking what it said were air-defense radar and drone sites. This pushes Brent futures up nearly 3% to $93.82 a barrel and WTI up 3.2% at $90.12 a barrel. In London, Shell is up 1.1%, BP rises 0.7% and Harbour Energy moves 2.2% higher. France's TotalEnergies, Spain's Repsol and Italy's Eni all rise around 1%. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
June 01, 2026 03:19 ET (07:19 GMT)
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