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oil major

  • 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 [...]

  • 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 [...]

  • FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

    April 20, 2026

    Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following the re-opening of the Strait of Hormuz but that sentiment was quickly squashed over the weekend as tensions renewed. Shipping in the Strait of [...]

  • FTSE 100 jumps as Strait of Hormuz fully open following ceasefire

    April 17, 2026

    The Iranian regime has reopened the Strait of Hormuz following a ceasefire in the Middle East between numerous warring nations. Tehran’s foreign minister said on Friday afternoon: “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”. Traffic [...]

  • FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz

    April 17, 2026

    Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]

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