Resurgent oil puts FTSE on front foot

The London market was on the front foot today after market heavyweights BP and Royal Dutch Shell improved on the back of resurgent oil prices.

Thu, 28 Sep, 2006 - 16:27

The London market was on the front foot today after market heavyweights BP and Royal Dutch Shell improved on the back of resurgent oil prices.

Oil slipped below 60 US dollars a barrel this week, but was up 2 US dollars overnight as traders speculated that OPEC may be tempted to cut output.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Enterprise Ireland annual results show record exports of €38.86bn Enterprise Ireland annual results show record exports of €38.86bn
Irish suburban neighborhood Housing affordability impacting younger generations' career and life decisions
Close Up of a Professional Office Specialist Working on Desktop Computer in Modern Technological Monitoring Control Room with Di Profits rise to €19.8m at Cork-headquartered PFH Technology
CourtsBusinessHeathrowPlace: LondonPlace: USPerson: William HillOrganisation: FTSEOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: OPECOrganisation: BG GroupOrganisation: HansonOrganisation: Royal & Sun AllianceOrganisation: R&SAOrganisation: BramblesOrganisation: British AirwaysOrganisation: Gcap MediaOrganisation: HMVOrganisation: National Express
<p> The ESB generating station in Aghada, Co Cork; electricity prices are still down 62.7% compared to the peak that occurred in August 2022. File picture: David Creedon</p>

Wholesale electricity prices rise by more than 33% in the last year 

READ NOW

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Latest

Business

Push Notifications

By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.

Sign Up
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Fergus Finlay
Fergus Finlay

Analysis

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited