Oil stocks drive FTSE gains

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The FTSE 100 is up 11.8 points, or 0.18%, to 6,428.2 in early trading, as oil stocks are off to a good start following a rise in the price of crude oil for May delivery.

BP is posting the biggest gains with a rise of 1.87% to 573.5p, closely followed by Royal Dutch Shell ‘B’ shares which are up 1.59% to £17.25, while Shell’s ‘A’ shares have added 1.47% to £17.23. Drug companies are also performing well with AstraZeneca up 1.64% to £27.96, while GlaxoSmithKline has climbed 1.33% to £14.52, although Experian is limiting gains with a fall of 1.01% to 590p. Next is the biggest loser with a drop of 1.13% to £22.79, closely followed by Kingfisher which is down 1.09% to 271p, while miner Xstrata has slipped 1.07% to £27.65, and Rolls-Royce Group has fallen 0...

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