MILAN, April 3 (Reuters) - European oil stocks rallied
on Monday, leading gainers in the region, as crude prices jumped
more than 5% following a surprise announcement by OPEC+ to cut
production further.
The STOXX Europe 600 Oil & Gas index was up 3.8% by
0705 GMT, set for its biggest one-day gain since November, with
shares in oil majors BP , Shell , TotalEnergies and Eni rising between 3.8 and 4.2%.
The pan-European STOXX 600 was up 0.1%.
(Reporting by Danilo Masoni, editing by Alun John)
danilo.masoni.thomsonreuters.com@reuters.net; On Twitter ))
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