FTSE bouyant despite late oil prices fall

A late fall in the price of oil failed to dent the strong momentum driving the London market ahead today.

FTSE bouyant despite late oil prices fall
Thu, 29 Jul, 2004 - 19:18

A late fall in the price of oil failed to dent the strong momentum driving the London market ahead today.

The price of a barrel of US light crude fell back to just over 42 dollars following a resolution of the impasse between Moscow and oil group Yukos.

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CourtsBusinessOil pricesPlace: LondonPlace: New YorkPlace: AntofagastaPlace: UKPerson: Alfred McAlpineOrganisation: FTSEOrganisation: MoscowOrganisation: YukosOrganisation: BPOrganisation: ShellOrganisation: Nationwide Building SocietyOrganisation: FootsieOrganisation: ICIOrganisation: Shire pharmaceuticalsOrganisation: Rio TintoOrganisation: RioOrganisation: BHP BillitonOrganisation: CentricaOrganisation: BTOrganisation: Rolls-RoyceOrganisation: Virgin MobileOrganisation: HaysOrganisation: AmvescapOrganisation: Smith & NephewOrganisation: BT Group
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