UK Pre-market Briefing — 2026-04-28: BP profits double on Iran war oil surge; Shell buys ARC for $16.4bn
Daily Market Briefing — AI synthesis of 30 top stories from the last 24 hours.
- Top theme: BP reported profits more than doubling, citing an ‘exceptional’ performance in oil trading directly driven by elevated crude prices stemming from the Iran war, with Brent crude hitting a three-week high — energy sector dominates the morning narrative.
- Second theme: Shell announced a $16.4bn acquisition of Canadian shale producer ARC Resources ($13.6bn in cash and shares plus $2.8bn debt assumed), its
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