Netherlands International: European energy stocks decline due to oil prices giving back some gains.

European energy stocks fell in early trading as oil prices gave back some gains. Warren Patterson and Ewa Manthey of Dutch international group wrote that oil prices are under pressure as Israel indicated it would no longer target Iran's energy infrastructure, and there are suggestions that US President Trump may relax sanctions on Iranian oil to ease supply concerns. Brent crude fell 1.6% to $106.91 per barrel, while West Texas Intermediate fell nearly 2% to $91.16. Shares of London-listed BP fell 2.25%, Shell fell 1.3%. Equinor of Norway fell 2.7%. Repsol Energy of Spain fell 1.7%, Eni of Italy fell 0.6%.