European stocks gain as oil inches up, G7 in focus
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European share prices rose in early trade on Friday on the back of a string of corporate news and higher oil prices, while investors eyed the Group of Seven finance ministers meeting in Germany.
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European stocks extended recent gains on Thursday, with miners and oil stocks in the vanguard of the advance as metals and crude prices rose on commodities exchanges.
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European equity markets were expected to get off to a higher start on Monday after stocks on Wall Street ended firmly last week as oil prices slipped from recent highs.
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European equity markets were a little higher on Friday as energy stocks rose, offsetting losses for banks, while bid talk helped enliven the session.
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Shares in Europe edged up on Tuesday as  oil slipped further toward $54 a barrel, but the dollar was  pummeled as worries that high oil prices will hurt the U.S.  economy refused to go away.
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European stocks extended recent gains to 5&frac12;-year highs on Thursday, with miners and oil stocks in the vanguard of the advance as metals and crude prices rose on commodities exchanges.
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Optimism about corporate earnings and  continued global economic strength drove European and Japanese  stocks higher on Monday, although oil prices near $50 a barrel  kept investors edgy.
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European equities edged higher on Wednesday, with banks leading the advance after investors welcomed forecast-beating results from Anglo Irish Bank and an upbeat trading statement from Royal Bank of Scotland.
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European stock markets rose on Monday and some hit multi-month highs as the dollar steadied and U.S. crude oil prices held below &#36;50 a barrel.
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Europe's main stock exchanges edged higher on Monday after steep pre-weekend losses on Wall Street and ahead of a data-packed week, analysts said.
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European stock markets rose slightly amid relief at falling oil prices, though activity was muted, dealers said.
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European stock markets scaled near-2-1/2  year highs on Friday after strong overnight gains on Wall  Street as the euro held off from mounting another assault on  $1.30 and as oil prices traded below $48 a barrel.
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European markets rallied this morning and Asian indexes generally moved higher as efforts to shore up the U.S. economy helped begin to calm a volatile climate for global stocks.
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European stocks and currencies rose on Friday as manufacturing data reinforced the view the region will outperform a slowing U.S. economy in 2007, while crude oil retreated after hitting a two-month high above $63.
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European stocks were higher on Wednesday, mirroring gains on Wall Street and in Asia, with further takeover activity in the Spanish utilities sector enlivening the session.
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European equities were expected to open higher on Thursday after Wall Street put in a strong overnight performance as oil prices dropped back on easing global supply fears.
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European stock markets have advanced, with the energy sector boosted by a slight recovery in crude oil prices, and after a bright overnight performance on Wall Street, dealers said.