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Here's a super quick guide to what traders are talking about...

2016-02-16 15:14:09| Oil & Gas - Topix.net

Markets in Europe are seeing a pullback from yesterday's gains, with the DAX off 60bp as the Banking Sector gives back a pile of last 2 days gains DB down 5% and Emerging market-focused Standard Chartered down 7%+. In London, the FTSE is up 30bp as Consumer names do well and Oil major's hold the week's gains - BP and RDS both still up ~1% - while they hate Anglo's new asset sales plan the miner is off 7%, Rio and Glencore ~1%.

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