European Energy Stocks Slide as Brent Extends Losses

Dow Jones11-10 17:26

0926 GMT - European energy stocks fall as Brent crude slips toward $90 a barrel after President Trump said further U.S. military strikes on Iran didn't seem necessary for now. Front-month Brent crude, the global oil benchmark, falls 2.5% to $90.22 a barrel. West Texas Intermediate, the U.S. benchmark, falls 2.4% to $84.82 a barrel. In London, Shell and BP are both down around 1.85%. France's TotalEnergies sheds 1%, Spain's Repsol falls 2% and Italy's Eni slips 0.8%.

 

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