LONDON, Feb 23 (Reuters) - The European oil and gas stocks index hit a record high on Monday, surpassing a previous record hit in 2007, helped in recent weeks by a rise in the price of oil. At 1450 in
Europe’s oil and gas shares set new record, topping 2007 peak
Market Drivers and Index Performance
LONDON, Feb 23 (Reuters) - The European oil and gas stocks index hit a record high on Monday, surpassing a previous record hit in 2007, helped in recent weeks by a rise in the price of oil.
Snapshot at 14:50 London Time
Year-to-Date Sector Gains
Energy Stocks Outrun the STOXX 600
At 1450 in London the basket was up 1.5%. Oil and gas names have added 17% year-to-date versus a 6.5% rise for the pan-European STOXX 600 index.
Investor Worries Over U.S.–Iran Tensions
Brent Oil Hits a Six-Month High
Brent rose as high as $72.44 a barrel on Monday a six month high. It has risen nearly 19% so far in 2026 as investors worry about U.S. military action in Iran. [O/R]
(Reporting by Lucy Raitano, editing by Alun John)
