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.
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Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
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This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.
