Oil producers surge as airlines slump; Europe stock indexes fall

Oil explorers and producers including Tullow Oil /zigman2/quotes/205079109/delayed UK:TLW +1.68% and BP /zigman2/quotes/202286639/delayed UK:BP -0.47% surged in early action while airlines including Ryanair and Air France-KLM slumped in wake of the attack that took half of Saudi output offline, sending oil prices higher. Brent crude oil /zigman2/quotes/209704782/delayed UK:BRN00 +0.05% was trading at $65.27 a barrel, up over $5, as the Stoxx Europe 600 /zigman2/quotes/210599654/delayed XX:SXXP +0.66% dropped 0.6%.

Read the full story:
U.S. oil just saw its biggest price surge since the financial crisis; Brent logs sharpest gain on record

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Tullow Oil PLC

UK : U.K.: London

31.54 p

+0.52 +1.68%

Volume: 3.80M

March 31, 2023 4:35p

P/E Ratio

30.33

Dividend Yield

0.00%

Market Cap

£447.08 million

Rev. per Employee

£4.47M

/zigman2/quotes/202286639/delayed

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BP PLC

UK : U.K.: London

510.80 p

-2.40 -0.47%

Volume: 39.79M

March 31, 2023 4:35p

P/E Ratio

N/A

Dividend Yield

3.81%

Market Cap

£90.84 billion

Rev. per Employee

£2.90M

/zigman2/quotes/209704782/delayed

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Brent Crude Oil Continuous Contract

UK : U.K. ICE Futures Europe

$ 79.93

+0.04 +0.05%

Volume: 308,556

March 31, 2023 10:58p

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STOXX Europe 600 Index

XX : STOXX

457.84

+3.00 +0.66%

Volume: 0.00

March 31, 2023 11:03p