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Shell and BP are the two largest oil firms based in the region and they saw their share values rise by 1.9 per cent and 2.2 per cent.
The string of performance by the two companies came shortly after the head of global commodities research at Goldman Sachs told Bloomberg that he expected to see the price of oil hit $150 per barrel at some point this summer.
Overall, the value of the FTSE 100 shares index in London had risen by 0.4 per cent just before 09:30 BST on the morning of June 9th.
FTSE is jointly owned by the Financial Times and the London Stock Exchange and has clients and operating partners in 77 countries worldwide, as well as office bases in a number of major cities.
