Oil prices push hits FTSE hard

Oil prices pushing perilously close to the $50 mark left the London market in the doldrums today.

Oil prices push hits FTSE hard

Oil prices pushing perilously close to the $50 mark left the London market in the doldrums today.

The price of a barrel of US light crude was continuing to test August’s record high of $49.4 by London’s close, driving the FTSE 100 Index 36.9 points lower to 4541.2.

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