After a ‘stunning’ update, what does the future hold for long-suffering BP? April 30, 2026 BP wowed shareholders with its first quarter results – doubling profit and bolstering its balance sheet. But with an activist breathing down its neck, its new boss Meg O’Neill isn’t out of the woods yet, writes Ali Lyon As she sat down to pen her first email to BP’s 100,000 staff, Meg O’Neill opted against [...]
FTSE 100 Live: Stocks drop as oil holds firm over $110; UK growth slashed April 29, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are holding firm tipping over the $110 mark, bringing the cost of a barrel closer to the highs of $118 it peaked at earlier in the Iran war. Brent crude – the international benchmark for oil – advanced another one per cent on [...]
FTSE 100 Live: Stocks dip as oil edges higher; BP posts profit boom April 28, 2026 Good morning and welcome back to the City AM liveblog. Oil returned to a three-week high comfortably over the $105 mark on Monday and those gains look set to continue today. Brent crude – the international benchmark for oil prices – edged over $110 on Tuesday morning as it once again appeared peace talks in [...]
Shell snaps up Canadian energy firm ARC for $16.4bn in bid to boost production April 27, 2026 Shell is to buy Canadian shale producer ARC Resouces in a $16.4bn deal that the oil major says will boost its production and deliver “value for decades”. The London-listed oil major, which has been under pressure from shareholders to increase output and revive its ageing reserves base, will pay for the deal using 25 per [...]
FTSE 100 Live: Stocks dip as oil prices surge to three-week high April 27, 2026 Good morning and welcome back to the City AM liveblog. There’s set to be little relief in markets this morning as investors return from the weekend to oil hitting a three-week high. The price of Brent crude – the international benchmark for oil prices – rose two per cent to over $107 on Monday morning. [...]
FTSE 100 Live: Stocks drop as Trump in ‘no rush’ to end Iran war; Retail sales jump on fuel rush April 24, 2026 Good morning and welcome back to the City AM liveblog. Donald Trump has slapped another extension on ceasefires in the Middle East following Wednesday’s intervention, where a previous deadline was set to expire. Just days ago, Trump said he was extending the ceasefire indefinitely as the deadline for strikes on Iranian power plants drew nearer. [...]
BP suffers shareholder revolt over climate U-turn at crunch AGM April 23, 2026 BP’s turnaround plans were dealt a major blow on Thursday after its shareholders rejected two resolutions backed by the board and a sizeable minority voted against the reelection of its new chair. At a crunch annual general meeting (AGM), investors voted down the energy major’s proposal to dial back its reporting commitments on the climate [...]
FTSE 100 Live: Stocks jitter as inflation surges; Trump extends ceasefire April 22, 2026 Good morning and welcome back to the City AM liveblog. Inflation has surged this morning follow the outbreak of war in Iran. Fresh figures from the Office for National Statistics (ONS) has shown the consumer price index rose by 3.3 per cent in the 12 months to March 2026. That’s up from three per cent [...]
FTSE 100 Live: Stocks flat as Trump’s deadline looms; Job vacancies shrink; Primark gets spin-off April 21, 2026 Good morning and welcome back to the City AM liveblog. New unemployment figures this morning have showed an unexpected twist where the joblessness rate slipped under the five per cent mark. But this was accompanied by a blow to the market with the number of vacancies fell by an estimate of 29,000 in the three [...]
‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats April 20, 2026 The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock. Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96. It follows a weekend of tensions where shipping [...]