Oil prices dip good news for FTSE

A fall in the cost of oil to its lowest level in three months left the FTSE 100 Index on course for a positive end to the week today.

Oil prices dip good news for FTSE
Fri, 03 Dec, 2004 - 11:42

A fall in the cost of oil to its lowest level in three months left the FTSE 100 Index on course for a positive end to the week today.

Traders welcomed the news that the cost of crude had dipped below $44 for the first time since September by pushing the Footsie up 12.6 points to 4763.8 by mid-morning.

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CourtsBusinessOil pricesPlace: UKOrganisation: FTSEOrganisation: IntelOrganisation: FootsieOrganisation: GlaxosmithklineOrganisation: AstraZenecaOrganisation: BPOrganisation: ShellOrganisation: Footsie fallersOrganisation: Rio TintoOrganisation: AntofagastaOrganisation: BHP BillitonOrganisation: Enterprise InnsOrganisation: Wolverhampton & Dudley BreweriesOrganisation: BurtonwoodOrganisation: WolvesOrganisation: DebrettOrganisation: Devonshire Media
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