European Markets Open Lower as Oil Prices Drop Below $100

AI Summary

European stocks opened lower on Thursday, with the pan-European Stoxx 600 down nearly 0.2% by 8:10 a.m. London time. The U.K.'s FTSE index fell 0.46%, while Germany's DAX decreased by 0.16%. Oil prices were impacted, with U.S. crude at $99.72 per barrel, marking a 1.5% increase, and Brent crude at $106.44 per barrel, up 1.4%. Market sentiment remained cautious despite optimism surrounding U.S.-Iran negotiations, indicating a mixed outlook for investors in the region.