# The blue-chip FTSE 100 index closed 0.1% higher at 10,332.79 points.

*business · news · 2026-04-28 · Devdiscourse*

## Key points

- BP's first-quarter profit more than doubled year-on-year, exceeding analysts' expectations.
- Tullow Oil forecasts 2024 oil production at the higher end of its guidance following a strong Q1.
- UK 10-year gilt yield briefly hit 5%, its highest close since 2008, amid inflation concerns.
- Barclays reported a lower-than-expected share buyback and large loss provision tied to MFS's collapse.
- FTSE 100 remains over 5% below its late-February record, reflecting market vulnerability to energy shocks.

**Companies:** BP, Shell, Barclays, Tullow Oil
**Countries:** United Kingdom, Iran

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3889873-update-1-londons-ftse-100-breaks-six-day-losing-streak-on-energy-boost)

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