European stocks traded lower on Thursday, following a strong performance from Wall Street overnight and as oil prices edged slightly higher ahead of the Christmas holidays.
The pan-European STOXX 600 traded around 0.2 percent lower. The German DAX and a number of other markets were closed today, with other bourses opened for a shortened trading day.
Brent and WTI futures traded slightly higher, building on gains from Wednesday after a report from the Energy Information Administration showed U.S. crude stocks had fallen unexpectedly.
European energy stocks were boosted as a result of the rise in oil prices.
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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