European Shares Tick Higher as Crude Prices Ease, Most Regional Sectors in Green (EUR:USD:)

European shares tick higher as crude prices ease, most regional sectors in green (EUR:USD:)

European markets update: Stoxx 600 edges up as oil slides on demand worries; UK GDP rises 0.4%.

European shares inch up as lower crude offsets geopolitical unease

Aug 13 (Reuters) – European shares edged higher on Thursday as oil prices fell, shifting focus to demand concerns, while U.S.-Iran peace efforts remained stalled and disruption in the Strait of Hormuz persisted. The pan-European STOXX 600 was up 0.2% at 660.49 points by 0714 GMT. The benchmark STOXX 600 retreated from record highs in the previous session. Britain’s FTSE 100 fell 0.3% even after data showed the UK economy unexpectedly expanded in…