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Share Price Information for BP (BP.)

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Share Price: 481.45
Bid: 481.45
Ask: 481.50
Change: -9.35 (-1.91%)
Spread: 0.05 (0.01%)
Open: 481.75
High: 485.05
Low: 478.80
Prev. Close: 490.80
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Sector movers: Oil, mining stocks up but UK political uncertainty weighs on FTSE 100

Tue, 05th May 2015 13:34

Natural resources oriented stocks, including oil, mining and minerals companies, largely traded in positive territory on Tuesday but election jitters weighed on much of the FTSE 100 following the May bank holiday weekend.At 16:03 BST, the blue chip index was down 25.27 points or 0.36% at 6960.68 feeling the weight of a possible hung parliament in wake of the UK general election on 7 May.However, oil and gas stocks, buoyed by an uptick in oil prices, led the way. In a statement, Saudi Aramco - the country's national oil company - said it would be raising its official selling prices (OSPs) for exports to Europe and North America, while holding them at previous levels for Asia.Both leading benchmarks - Brent and WTI - rose on the news as a higher OSP from the world's largest oil exporter is often seen as a sign of rising remand. Brent was trading up 2.62% or $1.74 at $68.19 per barrel while the WTI was up 2.53% or $1.49 at $60.42.Both blue chip oil and gas majors BP (up 1.97%) and Shell ('A' shares up 2.14%, 'B' shares up 1.95%) responded positively to the development, as did the mid-caps led by Tullow Oil (up 3.17%). It resulted in the headline oil and gas producers' index trading up 2.31% or 174.35 points at 7,705.95.Oilfield services, engineering and equipment firms also reflected the positivity with Hunting (up 5.09%), Wood Group (up 3.13%), Petrofac (up 1.67%) and Amec (up 1.43%) all in the green. It meant the headline segment index finished up 2.31% or 429.21 points at 19,029.92.While Chinese economic data disappointed, and the Reserve Bank of Australia surprised with a 25 basis-point cut in interest rates to another record low of 2%, selected mining and minerals stock shrugged off the negativity noted during Asian trading.Majors Anglo American (up 0.30%), Rio Tinto (up 0.77%) and BHP Billiton (up 0.37%) marginally reversed the effect of an Australian sell-off in London trading. Glencore, which reported a 9% drop in its copper output for the first quarter, also recovered trading up 0.62% as the close of London market approached.Continuing with the sector shares in Kalimantan Gold rose by over 25% after the mining group confirmed it had received a drilling permit from the Indonesian government. Having secured approval, which is valid for two years, the company will now begin its planned work programme at the Beruang Kanan copper project in Central Kalimantan.Other major beneficiaries of positive sentiment were Lonmin (up 5.46%), Kaz Minerals (up 4.85%) and Fresnillo (up 2.88%) on a good day which did not start all that well for the sector.Top five sectorsOil & Gas Producers 7,705.95 +174.35 +2.31%Oil Equipment, Services & Distribution 19,029.92 +429.21 +2.31%Mining 15,171.29 +214.17 +1.43% Industrial Metals & Mining 1,910.65 +19.70 +1.04% Food & Drug Retailers 3,203.31 +32.54 +1.03%
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US Cash Products-Chicago RBOB surges after refinery issues

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Indonesia expects oil and gas investments to rise 29% to $17 billion in 2024

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Federal regulators sign off Venture Global's repairs at Louisiana plant

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Federal regulators sign off Venture Global's repairs at Louisiana plant

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(OFFICIAL)-Foreign investment in Germany reaches new record

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UK dividends calendar - next 7 days

Friday 10 May 
AIB Group PLCdividend payment date
Alpha Group International PLCdividend payment date
Antofagasta PLCdividend payment date
Hammerson PLCdividend payment date
Hunting PLCdividend payment date
International Personal Finance PLCdividend payment date
Invesco Select Trust Global Equity Income PLCdividend payment date
Invesco Select Trust UK Equity PLCdividend payment date
Johnson Service Group PLCdividend payment date
Kerry Group PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Schroder Asian Total Return Inv Co PLCdividend payment date
Schroder European Real Estate Investments Trust PLCdividend payment date
Schroder Oriental Income Fund Ltddividend payment date
Serco Group PLCdividend payment date
Smurfit Kappa Group PLCdividend payment date
Somero Enterprises Incspecial dividend payment date
Taylor Wimpey PLCdividend payment date
Tufton Oceanic Assets Ltddividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Monday 13 May 
Games Workshop Group PLCdividend payment date
Life Science REIT PLCdividend payment date
Seed Innovations Ltdspecial dividend payment date
Smiths Group PLCdividend payment date
VinaCapital Vietnam Opportunity Fund Ltddividend payment date
Tuesday 14 May 
BlackRock World Mining Trust PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Mondi PLCdividend payment date
OSB Group PLCdividend payment date
Rathbones Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 15 May 
Capital Ltddividend payment date
Grit Real Estate Income Group Ltddividend payment date
Jardine Matheson Holdings Ltddividend payment date
Just Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Thursday 16 May 
abrdn Property Income Trust Ltdex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balfour Beatty PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
BP PLCex-dividend payment date
Bunzl PLCex-dividend payment date
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EJF Investments Ltdex-dividend payment date
Essentra PLCex-dividend payment date
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Greencoat UK Wind PLCex-dividend payment date
GSK PLCex-dividend payment date
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James Halstead PLCex-dividend payment date
Jarvis Securities PLCex-dividend payment date
Kingfisher PLCex-dividend payment date
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