This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-30573525

The article has changed 4 times. There is an RSS feed of changes available.

Version 0 Version 1
Energy shares lift FTSE 100 Energy shares lift FTSE 100
(about 4 hours later)
(Open): The FTSE rose in early trade, helped by energy shares which were boosted as the price of Brent crude oil headed towards $63 a barrel. (Noon): The FTSE rose with energy shares helped by rising oil prices and comments from the Saudi petroleum minister.
The benchmark FTSE 100 index rose 48.67 points, or 0.7%, to 6,593.94. The price of Brent crude was above $62 a barrel, having risen close to $63. At the weekend, Saudi petroleum minister Ali al-Naimi said oil prices would recover.
Among oil-related stocks, Tullow Oil rose 3.2%, Royal Dutch Shell was nearly 3% higher and BP climbed 2.6%. Shares in oil giants Royal Dutch Shell and BP were trading higher.
The price of Brent crude rose more than 2% on Monday to $62.86 a barrel, while US crude also climbed more than 2% to $58.45 a barrel. The benchmark FTSE 100 index was up 55.25 points, or 0.8%, at 6,600.52.
Shares in B&Q owner Kingfisher edged up 1.6p to 325.8p after the DIY retailer said it had sold a majority stake in its B&Q China business. Tesco shares were down 1.25p at 184.15p. The Financial Reporting Council announced on Monday it would be investigating "the preparation, approval and audit" of Tesco's financial statements for the 2012, 2013 and 2014 financial years.
Kingfisher is selling a 70% stake in the business to Wumei Holdings, which will net the company £140m. Shares in B&Q owner Kingfisher rose 2.2% to 331.4p after the DIY retailer said it had sold a majority stake in its B&Q China business.
On the currency markets, the pound rose 0.1% against the dollar to $1.5644, but it slipped 0.1% against the euro to €1.2766. Kingfisher is selling a 70% stake in the business to Wumei Holdings for £140m.
On the currency markets, the pound was flat against the dollar at $1.5628 but was down 0.3% against the euro at €1.2743.