Oil stocks take a pounding

Shell and BP took a pounding on the London market today as hopes that Opec may cut production faded.

Wed, 14 Nov, 2001 - 19:04

Shell and BP took a pounding on the London market today as hopes that Opec may cut production faded.

After touching a two-month high of 5366.4 early in the day, the Footsie closed 36.4 points down at 5240.7.

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