In London, UK share prices advanced for a seventh day, paced by energy companies including Shell and BP after oil topped $60 a barrel for a second day.
The FTSE 100 Index added 0.8%, or 39.5 points, to 5229.6, matching a seven-session rally that ended Dec. 31 2004. Shell, added 5p to 568.75p, while BP increased 7.5p to 630p. Credit Suisse First Boston analysts raised the rating on European oil stocks to ``overweight'' from ``neutral.'' The analysts also lifted the share-price estimate for Shell 13% to 620p and raised the estimate for BP's share price 8.3% to 650p. Crude oil for August delivery gained as much as 2.1% to $60.85 a barrel on the New York Mercantile Exchange as Tropical Storm Cindy in the Gulf of Mexico disrupted supplies ...
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