FRANCE: European equities closed mixed on Thursday as investors eyed the continued rout in oil prices and other commodities.
The pan-European STOXX 600 closed roughly flat, down 0.01 provisionally. The French CAC and German DAX both finished higher, while earnings dragged the FTSE to close down 0.3 percent provisionally.
Oil prices remained under pressure due to oversupply in the market, with Brent and U.S. WTI were both trading lower around $40 and $37 respectively. OPEC published its latest monthly oil market report on Thursday, in which its forecast said that the supply of oil from countries outside of the OPEC will contract next year as world oil demand rises.
