European oil stocks had mixed ups and downs. Despite uncertainty, stock prices generally did not fluctuate much. Oil prices fell due to US intervention in Venezuela, but the oil market pattern seems to have remained largely unchanged in the short term. Matt Britzman of Hargreaves Lansdown wrote, “The problem that really affects the market is the medium term impact. If sanctions are eased and significant investment flows back into its shaky infrastructure, Venezuela may eventually increase significant supply, but this will not be a quick process. “Spain's Ruishuo Energy led the rise, rising nearly 2%. Italy's ENI rose 0.5%, while the UK's Shell rose slightly by 0.2%. However, BP fell 0.4%, and Total Energy in France fell 0.5%.

European oil stocks had mixed ups and downs. Despite uncertainty, stock prices generally did not fluctuate much. Oil prices fell due to US intervention in Venezuela, but the oil market pattern seems to have remained largely unchanged in the short term. Matt Britzman of Hargreaves Lansdown wrote, “The problem that really affects the market is the medium term impact. If sanctions are eased and significant investment flows back into its shaky infrastructure, Venezuela may eventually increase significant supply, but this will not be a quick process. “Spain's Ruishuo Energy led the rise, rising nearly 2%. Italy's ENI rose 0.5%, while the UK's Shell rose slightly by 0.2%. However, BP fell 0.4%, and Total Energy in France fell 0.5%.