In the UK the FTSE 100 Index has picked up 13.40 points to 5357.70, led by Royal Dutch Shell.
The ordinary "B" shares of the recently merged firm have added 45p to 1913p, along with it’s "A" shares climbing 38p to 1834p, as oil prices skyrocket to new records.
UK bank Standard Chartered continues to climb, adding a further 29p to 1240p, after it yesterday reported a 28% increase in first-half profit aided by acquisitions and rising revenue at its consumer and corporate banking units.
Heating and plumbing specialist, Wolseley has shed 21p to 1148p, with recruitment Group Hays, retreating 1.75p to 129.25p.
In Tokyo the Nikkei 225 Stock Average added 1% to 11,900.32 at its close early this morning, led by Nikon.
The camera maker profited 3.9% to 1,296 yen, after raising its full-year profit forecast by 18% as a result of a fourfold increase in first-quarter profit.
Mitsubishi Materials increased as much as 6.8% to 298 yen, its highest level in more than four years, after a 31% increase in first-quarter profit on the back of rising copper prices along with demand for the metal from carmakers.
Copper producer, Nippon Mining Holdings surged 4.6% to 684p, after reporting an increase in its half-year profits, above analyst’s forecasts.
Crude oil meanwhile, added 2.6% to $63.94 a barrel in New York. The contract rose as much as 0.5% to $64.27 in after-hours electronic trading.
Oil exploration firm, Inpex picked up 5.2% to 789,000 yen, while Nippon Oil added 2.1% to 812 yen. AOC Holdings also profited 2.7% to 1,936 yen.
In the US the Dow Jones Industrial Average declined for a third successive session, losing about 21 points to 10536.93 as a result in record crude prices.
Computer giant Microsoft has shed $0.63 to $27.13.
Chemicals and health care company; Du Pont De Nemours declined $0.47 to $42.24.
On the winning side, fast food chain McDonalds, added $0.84 to $32.14, along with Exxon Mobil, up $0.76 to $58.85, on the back of a surge in oil.IFAonline
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