European stock markets rose on Monday, led by shares of energy producers after the international oil price hit its highest in almost three years.
The Europe Stoxx 600 gained 0.5 per cent in early dealings as its energy sub-index rose 1.3 per cent. The UK’s FTSE 100 rose 0.6 per cent.
Brent crude, the international oil benchmark, added 1.2 per cent to $79.12 a barrel, past its last peak in July and touching its highest level since October 2018. West Texas Intermediate, the US oil marker, gained 1.4 per cent to $75.09, its highest price since the summer.
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