Nick Fletcher
Tuesday May 22, 2007
EXTRACTS
Still among commodities, the gas exploration group BG was 11.5p better at 791.5p on talk that it could be a takeover target for the US giant ExxonMobil.
Oil made an early surge with Brent crude moving above $70 a barrel after a fresh gun attack on a facility in Nigeria, the world’s eighth-largest exporter. It fell back later but was still up on the day, helping lift Royal Dutch Shell B shares 42p to £19.48 and BP 11.5p to 593.5p. Last week it may be recalled, there was a spate of speculation of a possible merger between the two oil groups.
For the full report go to…
http://business.guardian.co.uk/marketforces/story/0,,2085215,00.html
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