There are fears in the market that the supply from Iran could be reduced. This is obviously positive for oil prices and oil companies.

Energy shares are rising because the oil price has hit quite a comfortable level. I'm not really concerned about rising interest rates. They've been priced into the market already.

Oil and gas shares are shining at the moment: Rising oil prices are lifting the shares which are also undervalued and offer attractive dividend yields.

The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for oil stocks, ... The Fund that we manage has responded well to that. Every time oil prices fluctuate - retreating, and then moving back up --- that helps oil stocks.

We had a positive lead from Wall Street. Oil prices were up again.

Exporters are going to lead the market higher in the second half. The fall in oil prices and positive economic indicators are supporting the advance.