The FTSE 100 reached its highest level in four months, boosted by gains in commodities and aerospace sectors amid easing UK inflation, which dropped to 2.6% in June from 2.8%. Oil prices rose above $92 a barrel due to Middle East tensions, supporting energy stocks like BP and Shell. However, some companies like Wetherspoon's issued profit warnings due to rising costs. Investors remain cautious but optimistic as inflation softens and corporate earnings show mixed results.
On July 20, 2026, Shell plc purchased a total of 184,107 of its own shares for cancellation, continuing its share buy-back program announced in May 2026. The shares were bought on the London Stock Exchange and BATS trading venues at prices ranging fr...
Brent crude oil prices have risen above $90 a barrel amid ongoing US military strikes on Iran and severely reduced traffic through the Strait of Hormuz. This disruption has led to gains in oil companies like BP and Shell, benefiting from higher margi...
