The FTSE 100 index has closed a further 23.3 points to 5184.30 points today, buoyed by advancing stocks in the oil industry.
BP led advances, adding 23p to 617p, after crude oil climbed $2.25 cents, or 4% to close at $58.75 a barrel in New York on Friday. Oil prices have picked up 53% in the past year. Shell Transport & Trading has also climbed 10.25p to 563.25p as crude also increased in Tokyo, while mining groups BHP Billiton and Xstrata picked up 15p to 737p and 18p to £11.07 respectively. Broadcasting firm ITV, meanwhile, has added 3.75p or 3% to 128.5p, on the back of a takeover bid speculation by a US consortium which includes Time Warner, Goldman Sachs and Apax Partners, according to the Mail on Sunday...
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