BP Share Price Today: Oil Spike Lifts BP Stock as UK Markets Slide, Even as Climate Fight Deepens
BP shares climbed roughly 1.2% to near 574 pence in London on Thursday, outpacing the FTSE 100, which slipped, with Brent crude shooting above $105 a barrel after prospects for a swift resolution to the Iran conflict dimmed. This shift stands out—energy remains one of the last refuges for investors spooked by the latest bout of inflation. By 1013 GMT, the FTSE 100 had fallen 1.1%, yet the energy index was up 0.6%. That’s a clear sign: when crude jumps, money is flowing back into oil producers.