The FTSE 100 Index made welcome gains today as oil giant BP also pulled out of its recent steep declines.

London's leading shares retreated today as nerves over record oil prices overshadowed trading.

Investors rallied on the London market today, recouping some of the losses seen yesterday after the China-led sell-off.

Oil prices tumbled to their lowest level for four months today as unseasonably warm weather kept heating systems switched off.