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The blue-chip FTSE 100 index closed 0.1% higher at 10,332.79 points.
BP's first-quarter profit more than doubled year-on-year, exceeding analysts' expectations.
KEY POINTS
- 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
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