European Energy Stocks Rise as Oil Ticks Up on Geopolitical Tensions -- Market Talk

Dow Jones02-04 16:26

0825 GMT - European energy stocks rise as oil regains some of its geopolitical premium. Earlier in the day, crude oil gained 1.5% on renewed tensions after the U.S. shot down an Iranian drone that approached an aircraft carrier in the Arabian Sea. Brent crude trades flat $67.33 a barrel, while WTI rises 0.2% to $62.30 a barrel. In London, BP rises 2.1% and Shell is up 1.8%. France's TotalEnergies gains 1.9%. Italy's Eni ticks up 1.7%, while Spain's Repsol climbs 0.8%. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

February 04, 2026 03:26 ET (08:26 GMT)

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