GLOBAL MARKETS: European Stocks Seen Opening Up; Oil In View - Wall Street Journal

LONDON (Dow Jones)--European stocks are expected to edge higher at the open Thursday, following a lead from the Asian and U.S. markets as stronger oil and commodities prices help raise risk sentiment.

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Crude oil futures settled above $101 a barrel for the first time in two weeks on Wednesday, spurred by U.S. oil inventory data showing stronger demand from refiners.

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The big move higher came with the weekly U.S. Department of Oil inventory report late on Wednesday afternoon, which indicated that U.S. product ...

GLOBAL MARKETS: European Stocks Seen Opening Up; Oil In View - Wall Street Journal