European Energy Stocks Slip as Oil Gives Back Some Gains -- Market Talk

Dow Jones03-20 16:40

0839 GMT - European energy stocks slide in opening trade as oil pares some of its gains. Prices come under downward pressure as Israel says it will no longer target Iranian energy infrastructure and there are suggestions that President Trump may relax sanctions on Iranian oil to ease supply concerns, ING's Warren Patterson and Ewa Manthey write. Brent crude falls 1.6% to $106.91 a barrel while WTI drops nearly 2% to $91.16. In London, BP drops 2.25% while Shell falls 1.3%. Norway's Equinor is down 2.7%. Spain's Repsol trades 1.7% lower and Italy's Eni is 0.6% down.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

March 20, 2026 04:40 ET (08:40 GMT)

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