The FTSE 100 nudged into positive territory on Friday in a muted end to the week, with big oil helping to offset falls in commodity-related stocks. BP (BP.) and Royal Dutch Shell (RDSB) rose 1.7% and 1.3% to 342.4p and £16.514 respectively, tracking firmer crude prices after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant dents...

London equities push marginally higher in early trade on Tuesday as traders continue to bag value buys after recent sell-offs, in particular focusing on mining and oil issues. Also up are several financials, along with property. Asia gained overnight, but Wall Street was closed for President's Day.The benchmark FTSE 100 index nudges barely 4 points higher to 5,829, although gains are more...

London shares end the week on the back foot as investors continue to fret about the future of the Greek economy after the International Monetary Fund (IMF) pulled the technical team that was negotiating with Athens. In early trade on Friday the FTSE 100 index is down around 30 points, or 0.45%, at 6,814, with midcaps and the wider FTSE All Share posting similar declines.Supermarkets are a weak...

Despite what you may have read over the past week there's no chance of Sussex being transformed into a mini-Texas.The results of analysis of the Horse Hill-1 well near Gatwick airport prompted reports there could be a 100 billion barrels of oil in the Weald basin (which contains the discovery). Do not get caught up in this hype.For context 100 billion barrels is more than double the 45 billion...

The consortium looking to tap the Horse Hill prospect near Gatwick airport has upgraded its estimate of oil in place (OIP) to 158 million barrels of oil per square mile and flags a 'possible world class potential resource'.The eye-catching number - which is based on analysis of 2014's HH-1 well by consultant NUTECH and could imply an onshore find running to billions of barrels- is driving big...

Quindell (QPP:AIM) shoots up 25.3% to 124.63p on a report in the Sunday Times that the insurance services group's board is about to recommend a £640 million offer for its legal services arm from Slater & Gordon. That's greater than Quindell's current market cap (£548 million). Quindell has finally responded to the speculation by confirming discussions have involved various deal structures...

High street bellwether Marks & Spencer (MKS) jumps 8% to 437.1p as investors are relieved that half-year results aren't as bad as feared. Pre-tax profits of £268 million are ahead of the £252 million consensus and there's improved full-year guidance on gross margin and costs. General merchandise like-for-like sales continue to underperform, with clothing sales hit by warm September weather....