BP

The FTSE 100 was trading at its highest level since early August this morning, as optimism over the crisis in Europe continued to cheer investors.

Shares in oil giant BP soared to their highest level in more than two months today after the group agreed a $4bn settlement with oil and gas exploration group Anadarko Petroleum over the Gulf of Mexico disaster.

Ed Morse, head of investment trust business development at the F&C Group, provides all the tools you need to invest in these products.

Ever wondered how an investment trust discount works? Or what a split cap trust is? Kyle Caldwell runs through a glossary of all the key terms you need to know.

ExxonMobil has formed an Arctic exploration partnership with Russian state oil company Rosneft, in a strategic coup over rival BP.

Adrian Frost, manager of the £3.9bn Artemis Income fund, said BP and other major companies should make further asset sales in order to improve their growth prospects.

Manager rotates Income Growth away from mega caps to broaden income stream

Oil major BP saw its shares fall in early trading on disappointing second quarter earnings and an 11% drop in production.

Transocean, the owner of the Deepwater Horizon rig at the centre of last year's Gulf of Mexico oil spill, has blamed BP, as operator of the well, for decisions it said led to the fatal disaster.

Nathaniel Rothschild, the financier, has confirmed his position as one of the most powerful brokers in the country after smashing the fund raising target for his new venture.