FTSE gets an energy boost

BP has added 0.7% to 617p and Royal Dutch Shell has gained 0.4% to 1,753p. Oil rose for a sixth day in New York on concern the US may have trouble meeting summer demand for gasoline as shipments to two refineries were disrupted. EMI has surged 9.6% to 311p, the biggest gain in seven months, after it rejected a £2.53bn offer from Warner Music Group, saying the bid was too low. HSBC has added 0.7% to 943.5p, while Barclays has advanced 0.9% to 595.5p. Limiting gains, BHP Billiton has declined 1.4% to 977p and Anglo American Plc has lost 0.4% to 2,086p. Copper prices have dropped in ...