Due to the continued rise in oil prices, European energy stocks rose at the market open. Mitsubishi UFJ analyst Soojin Kim stated that progress on reaching an agreement and restoring normal shipping in the Strait of Hormuz has slowed, as the US and Iran have made tougher demands. Brent crude oil futures rose for the fourth consecutive trading day. Norway’s Equinor rose about 2%, BP and Shell both gained about 1%, Italy's Eni Group climbed around 2%, Spain’s Repsol gained 1.5%, and TotalEnergies
Due to the continued rise in oil prices, European energy stocks rose at the market open. Mitsubishi UFJ analyst Soojin Kim stated that progress on reaching an agreement and restoring normal shipping in the Strait of Hormuz has slowed, as the US and Iran have made tougher demands. Brent crude oil futures rose for the fourth consecutive trading day. Norway’s Equinor rose about 2%, BP and Shell both gained about 1%, Italy's Eni Group climbed around 2%, Spain’s Repsol gained 1.5%, and TotalEnergies
智通财经2026/08/11 07:46Show original
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Due to the continuous rise in oil prices, European energy stocks increased at the opening. Mitsubishi UFJ analyst Soojin Kim stated that progress towards an agreement between the US and Iran and the restoration of normal shipping in the Strait of Hormuz has slowed because both sides have put forward tougher demands. Brent crude futures rose for the fourth consecutive trading day. Norway’s Equinor is up about 2%, British Petroleum and Shell are up about 1%, Italian oil company Eni Group is up about 2%, and Spain’s Repsol is up 1.5%. TotalEnergies rose 1.3%.
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