Shares in the FTSE 100 were up marginally this morning on the back of the rising oil price.
The index of the top 100 London-listed shares was up 18.3 points or 0.3% to 5373.
Oil group Royal Dutch Shell's A shares rose 2% to £18.18, making it one of the blue-chip index's top ten gainers.
Building materials group Wolseley increased 3% to 350.25p.
Brewing giant SAB Miller was up 3%, too, despite JP Morgan cutting its price target to £13.10.
The rise in the oil price above the $125 mark had a negative effect on travel-related stocks.
British Airways, which last week said profits would fall by 88%, fell 1% to 256.75p.
TUI Travel was down 2% to 192.4p as Goldman Sachs issued a sell note on the stock.
HSBC, Europe's biggest bank, saw shares dip 3% to 814p after announcing a 28% drop in first-half profits.
Falling metal prices pulled down mining stocks, with Eurasian Natural Resources the FTSE 100's biggest faller, down 5% to £10.06.
