Oil prices rebound modestly but concerns remain
June 23, 2017
LONDON (AP) — Oil prices recovered their poise Thursday after slumping to 10-month lows on concerns of a glut in the market. However, concerns about the outlook remain and they weighed on a number of oil stocks in Europe.
KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 0.4 percent at 7,421 while Germany's DAX was flat at 12,778. The CAC-40 in France was 0.3 percent lower at 5,256. Wall Street was poised for a flat opening with Dow futures and the broader S&P 500 futures down 0.1 percent.
OIL PRICES: The main focus in financial markets this week has been oil...