0747 GMT - European energy stocks trade higher early Friday as oil prices climb on fears of prolonged disruption to energy markets. President Trump's claim that he doesn't need the Strait of Hormuz reopened comes as energy inventories continue to tighten and markets are on edge, MUFG's Soojin Kim writes. Brent futures rise 1.4% to $107.22 a barrel, while WTI trades 1.8% up to $98.63 a barrel. Norway's Equinor moves 2.4% higher. In London, BP rises 1.1% and Shell 0.5%. Spain's Repsol is up 0.7% and France's TotalEnergies is up 0.45%.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
0747 GMT - European energy stocks trade higher early Friday as oil prices climb on fears of prolonged disruption to energy markets. President Trump's claim that he doesn't need the Strait of Hormuz reopened comes as energy inventories continue to tighten and markets are on edge, MUFG's Soojin Kim writes. Brent futures rise 1.4% to $107.22 a barrel, while WTI trades 1.8% up to $98.63 a barrel. Norway's Equinor moves 2.4% higher. In London, BP rises 1.1% and Shell 0.5%. Spain's Repsol is up 0.7% and France's TotalEnergies is up 0.45%.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 15, 2026 09:01 ET (13:01 GMT)
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