Oil stocks provide boost for Footsie

Strong performances by oil giants BP and Shell are helping the Footsie index of 100 leading stocks to keep its head above water in a quiet session.

Oil stocks provide boost for Footsie
Mon, 13 Aug, 2001 - 14:53

Strong performances by oil giants BP and Shell are helping the Footsie index of 100 leading stocks to keep its head above water in a quiet session.

Hopes of firmer crude oil prices were boosted when Saudi Arabia said it would be cutting supply to Asia by 17% next month.

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