Trade on European stocks –There are flying

The European stocks have advanced and are riding the way home. The credit goes to the oil which has traded to the highest level in this year and accompanied by copper with 4^th place in standings.

Oil traded above $62 a barrel in New York. The oil rose by 1% yesterday making it a fourth straight gain. BP, a second biggest European Oil Company rose by 0.6%.

Owing to rise in Oil, the following stocks gained.

The Dow Jones Stoxx 600 Index climbed 0.5 percent. The Stoxx 50 and the Euro Stoxx 50, sharing the euro, added 0.6 percent.