European Energy Stocks Slide on Falling Oil Prices -- Market Talk
Dow Jones05-25 16:55
0855 GMT - European energy stocks fall in morning trade as oil prices slip on optimism that the U.S. and Iran could reach a deal that opens the Strait of Hormuz. Nevertheless, President Trump said in a Truth Social post on Sunday that he was in no hurry to agree to a deal. "Both sides must take their time and get it right," he said. Brent crude falls 4.7% to $95.52 a barrel, while WTI futures are down 4.9% to $91.86 a barrel. This pushes Spain's Repsol 2.25% lower and Italy's Eni down 1.9%. France's TotalEnergies is 1.7% down. Norway's Equinor slips 1.4%. U.K. markets are closed. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 25, 2026 04:55 ET (08:55 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments