--- title: "European oil and gas stocks fell, with oil prices under continued pressure" description: "European oil and gas stocks generally fell in opening trading due to heightened market concerns over supply surplus. Brent crude oil prices dropped 0.7%, trading at $65.93 per barrel. The head of stoc" type: "news" locale: "en" url: "https://longbridge.com/en/news/257050594.md" published_at: "2025-09-12T08:03:52.000Z" --- # European oil and gas stocks fell, with oil prices under continued pressure > European oil and gas stocks generally fell in opening trading due to heightened market concerns over supply surplus. Brent crude oil prices dropped 0.7%, trading at $65.93 per barrel. The head of stock research at Hargreaves Lansdown pointed out that the unexpected increase of 3.9 million barrels in U.S. inventories last week, along with the production increase plans of OPEC+ members, further exacerbated market expectations of a supply surplus. Shares of major oil and gas companies such as BP, Shell, and TotalEnergies all declined European oil and gas stocks fell in early trading as concerns over oversupply continued to rise. Brent crude oil dropped 0.7% to $65.93 per barrel, with prices still under pressure. Derren Nathan, head of stock research at Hargreaves Lansdown, stated that the unexpected increase of 3.9 million barrels in U.S. inventories last week, coupled with OPEC+ members' plans to increase production, has raised market concerns about oversupply. In the London market, BP's stock price fell 0.7%, while Shell dropped 0.15%. France's TotalEnergies decreased by 0.65%, and Spain's Repsol and Italy's Eni both fell by about 0.4% ### Related Stocks - [SHEL.US - Shell](https://longbridge.com/en/quote/SHEL.US.md) - [BP.US - BP PLC-Spons](https://longbridge.com/en/quote/BP.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Shell Asset Management Co. Sells 1,353,193 Shares of Equinox Gold Corp. $EQX | Shell Asset Management Co. has significantly reduced its stake in Equinox Gold Corp. by 99.2%, selling 1,353,193 shares | [Link](https://longbridge.com/en/news/276438535.md) | | Shell Weighs North West Shelf Exit And Future LNG Cash Flows | Shell is considering selling its 16.67% stake in the North West Shelf LNG project, attracting interest from Abu Dhabi's | [Link](https://longbridge.com/en/news/276390198.md) | | Oil consolidates, but prospects of OPEC+ supply increase could weigh | Oil consolidates in the morning Asian session, but could be weighed by prospects of OPEC+ supply increases. | [Link](https://longbridge.com/en/news/276021265.md) | | Why gas is suddenly 25 cents cheaper in these 6 cities | Gas prices are dropping in these key markets. Here’s why. | [Link](https://longbridge.com/en/news/275989108.md) | | Oil Edges Down From a Six-Month High But the Risk Premium Remains High as the U.S. Threatens Iran | Oil prices have dipped slightly from a six-month high, with West Texas Intermediate crude at $66.07 per barrel and Brent | [Link](https://longbridge.com/en/news/276450379.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.