Global stocks drop as oil prices fall back

European and Asian stock markets mostly retreated on Wednesday, with oil prices dropping once more as crude workers ended a strike in key producer Kuwait. "Asian markets got an early lift from a weak dollar and rising oil price but gave up early gains after Kuwaiti oil workers ended their three-day strike, bringing oil prices back down as markets adjust to the higher supply," said Jasper Lawler, analyst at traders CMC Markets.