BP stock climbs in London as oil firms on Iran risk; buyback stays in focus
BP shares rose 1.9% to 424 pence in London after the company disclosed new share buybacks and oil prices firmed on Iran disruption fears. Brent crude traded at $62.17 a barrel, up 0.3%. BP repurchased over 6.3 million shares this week. Traders are watching the U.S. jobs report and Venezuela oil talks for further market direction.