ENERGY STOCKS HIT 5-MONTH PEAK AS OIL UPSIDE RISKS REMAIN
An index of Europe’s oil and gas companies is trading at its highest level since mid-October on Tuesday, as crude prices trade at a five-month high, and some analysts see more upside for oil as the demand outlook improves and geopolitical tensions linger.
The STOXX Europe 600 oil & gas index (.SXEP) is up 2.6%, at its highest since Oct. 19, while Brent crude futures BRN1! touched…