European Shares Mixed As Oil Prices, Yields Ease

European stocks were mixed on Thursday as oil prices fell and Eurozone government bond yields slipped, tracking an overnight decline in U.S. Treasury yields.

Brent crude futures fell more than 2 percent below $104 a barrel after reports emerged that the Trump administration is contemplating relaxing sanctions on certain oil tankers transporting oil from Russia, Venezuela and Iran in order to alleviate the global tanker capacity crunch exacerbated by ongoing conflicts in the Persian Gulf.