Advertisement
UK markets open in 5 hours 37 minutes
  • NIKKEI 225

    37,255.16
    -824.54 (-2.17%)
     
  • HANG SENG

    16,385.87
    0.00 (0.00%)
     
  • CRUDE OIL

    84.41
    +1.68 (+2.03%)
     
  • GOLD FUTURES

    2,405.70
    +7.70 (+0.32%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • Bitcoin GBP

    49,964.33
    +454.81 (+0.92%)
     
  • CMC Crypto 200

    1,294.82
    +409.28 (+46.21%)
     
  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     
  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     

BUZZ-Oil names take fright on latest big inventory builds

** Oil names sell-off in sympathy with falling crude price, hit by bearish commentary from the International Energy Agency

** IEA says oil price stabilized only temporarily, US inventory builds show no signs of abating

** WTI approaching $46/bbl, approaching five-year low of $43.58 set on Jan. 29

** Oil stocks among top fallers on Stoxx 600 at the halfway point

** Cairn Fugro Hunting Premier Oil Ophir and Galp Energia all down 3-5 pct

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)