: The endorsement sent Tullow surging 29.1p to 368.6p, while an upturn in oil prices buoyed industry engineer Weir Group 91p to 1,880p, according to The Independent. BP, on the other hand, slipped 0.05p to 470.95p after Citi downgraded the oil giant, saying its self-help potential has largely run its course. It concluded that Tullow is the best bet in the industry, thanks to low-cost growth prospects in Ghana and East Africa that have largely been overlooked amid the oil price panic. After weakness in the previous session, the mining sector rebounded strongly as iron ore prices stabilised and traders picked up cut price shares. The FTSE 100 climbed 10.96 points to 7,075.26. Anglo American rallied 40.8p to 1,039.5p, BHP Billiton climbed 43.5p to 1,459.5p, Glencore put on 8.2p to 293.35p and Rio Tinto bounced 78.5p to 2,892.5p.
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