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FTSE gainers led by oil shares

FTSE

Oil company shares are among the top five risers on the 100 share index, boosted by a rise in oil prices and news of a strike cancellation.

Wood Group, whose workers are employed on Shell’s North Sea platforms, has agreed to talks with unions over pay and conditions.

Oil rose sharply on Thursday, rising 4%. It has held those gains so far. Shell shares are up more than 1% as are sector rival BP’s.

The FTSE 100 is down 2.14 at 6,912.57.

Paul

The author Paul