BP shares have rallied on the back of enthusiastic buying on talk of Shell's interest in the company, but it seems difficult to believe that Shell would make such a big acquisition at this difficult time for the oil market. Chris Beauchamp More Quotes by Chris Beauchamp More Quotes From Chris Beauchamp Cautiously positive this morning, the worry in European markets is that they won't act enough this week or the next week to try to stabilize (sentiment). Chris Beauchamp company-news We've seen the 'Duracell bunny' momentum of the market finally wind down this week, with European and UK exchanges just running out of steam despite fresh record highs in the U.S.. Chris Beauchamp company-news With a busy calendar today, that might see some more small downside for equities. Chris Beauchamp company-news Its still a bit indecisive, but I think we will see oil moving lower, which won't be any good news for the energy stocks, they've taken it very hard over the last couple of months and that's probably going to continue to be the case. Chris Beauchamp energy
