The FTSE 100 Index posted healthy gains today as a revival in supermarket shares diverted attention away from continued trouble for oil stocks.
Oil stocks were on the back foot again after the price of Brent crude declined to as low as $45 a barrel.
Tullow Oil was the biggest faller in the top flight with a decline of 4% or 16.05p to 370.85p, whilst BP was down another penny to 395.5p.
The slump in the oil price is good news for UK consumers as new figures today showed inflation fell to a record low of 0.5% last month.
Sterling was flat against the US dollar as the latest inflation figure reduced the pressure on the Bank of England to raise interest rates.
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