European stocks accelerated gains at the end of Tuesday's session to close higher, as investors cheered on the rally in commodity prices.
European markets finished lower on Friday after the latest U.S. jobs data showed a slowdown in employment in January.
European stocks finished in negative territory on Friday, in what has been a turbulent week for markets.
European markets slumped to close sharply lower Monday following a sharp sell-off in Chinese stocks and heightened geopolitical tensions.
At around $37 a barrel, crude prices are well below the $60 firms such as Total, Statoil and BP need to balance their books, a level that has already been sharply reduced over the past 18 months. Royal Dutch Shell has also announced a further $5 billion in spending cuts if its planned takeover of BG Group goes ahead. Global oil and gas investments are expected to fall to...
European markets accelerated gains on Wednesday to close sharply higher, as investors cheered the recovery in oil prices and mining stocks.
The takeover requires the support of a majority of Shell shareholders and 75 per cent of those at BG, the FT reports.
Australia's competition watchdog said Royal Dutch Shell's $70B takeover of BG Group would not change the domestic natural gas market.
European equities ended slightly higher on Tuesday as the rally in oil prices helped shake off weak earnings results.
Royal Dutch Shell on Tuesday again sought to assuage investor concerns over its planned $70 billion takeover of BG Group.
European stocks closed mixed on Friday, pressured by weak corporate earnings, but finished the month with gains of around 8 percent.
Bob Dudley has said that low oil prices are not all bad for the energy industry, as subsidies have been cut from petrol products around the world, which has resulted in fairer pricing.
European stocks continue to look relatively cheap, according to several analysts, who have highlighted some of the continent's "must have" holdings.
Australia's competition watchdog has flagged concerns Shell's proposed $70B takeover of BG could hit gas supply competition.
Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007.
Mergers and acquisitions are close to pre-financial crisis levels for the first time in 2015, as companies search for deals again.
Six oil and gas companies have banded together to ask the UN to let them help devise a plan to stop global warming.
Profits from refining and trading rose to $2.65B from $1.575B a year earlier, offsetting a sharp drop in oil and gas production earnings.
“Mad Money” host Jim Cramer declares the search is over for the best online stock.
Jim Cramer honored Earth Day by prepping investors on his take for the best plays in the alternative energy space.