|Day Low/High||16.02 / 16.15|
|52 Wk Low/High||13.71 / 18.82|
Spanish energy firm Repsol has formed a joint venture with Russian oil company Gazprom Neft.
But gloomy sentiment could turn into a good buying opportunity.
The Spanish oil producer's results benefited from increased production and deeper than expected cost cutting but failed to move its shares.
More insight on the impact of Brexit will come with the Bank of England's inflation report, which will likely be accompanied by news of status quo on rates.
Energy stocks rise even as oil prices give up initial gains.
London markets lead a buoyant afternoon during the European trading session
Increased output and cost cutting compensated for a decline in downstream earnings due to refinery outages and pressure on refining margins.
The claim relating to a disastrous North Sea joint venture risks straining relationships between the oil producers which are tied together in Brazil.
Repsol blindsides investors with an eyewatering beat against the consensus, with actuals above the top end of the range.
The Spanish oil producer becomes the latest in a parade of sector peers to post well-received quarterly numbers.
Net profit declines by 38% from a quarter which was buoyed by one-time gains, though earnings at both upstream and downstream operations improve.
The energy and commodities sectors are hit by double-whammy of softer oil and a tighter Fed.
European stocks start the first trading day of the fourth quarter in positive territory, amid signs of continued growth in the single-currency zone.
George Soros appears to be getting investment ideas from south of the equator.
European markets are in retreat, with the U.K. facing an inconclusive general election while pessimism surrounds talks on the Greek bailout next week.
European stocks rose after a strong day in Chinese markets, despite strains over Greece's debt and an upcoming British election.
European stock indices surged on Tuesday as markets reopened after the Easter break, amid optimism that the Federal Reserve may hold off longer than previously expected before raising rates.
Dan Dicker, energy contributor at TheStreet, talks with Brittany Umar about the continuing slide in oil prices and when the bottom might be found.
Stocks wipe out gains in the final market hour after a whiplash session which saw the Dow Jones Industrial Average trading in a 360-point range.
Shares of Canadian energy companies are higher this morning after Repsol announced plans to buy Talisman Energy for $8 per share in cash.
The S&P 500 and Dow Jones Industrial Average turn positive Tuesday as energy stocks shake off fresh lows in the price of crude oil.
U.S. stock futures rise; ruble falls to a new record low despite hike in Russian interest rates; Spain's Repsol to buy Canada's Talisman Energy for $8.3 billion.
Major European stock indices recover on Tuesday but Russian markets lose ground after an unexpected 6.5 percentage-point rate rise by Russia's central bank.
More than 80 killed in Pakistan school attack by the Taliban.
For investors, oil's sharp decline sets up an opportunity to buy into companies that can adjust their corporate strategy and focus on more efficient operations.
The oil producer said that Spain's Repsol (REPYY) approached them about potential deals.
Shares of Repsol (REPYY) closed down on heavy trading volume after Pemex, Mexico's state oil company, said it sold most of its stake in the Spanish oil and gas company for 2.09 billion euros ($2.9 billion).
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