<p>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%</p>

SHEL

<p>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</p>

European oil and gas stocks fell, with oil prices under continued pressure