FTSE falls below 4900 barrier

The London market was dragged back below the key 4900 barrier today as a fresh surge in oil prices triggered jitters among traders.

FTSE falls below 4900 barrier

The London market was dragged back below the key 4900 barrier today as a fresh surge in oil prices triggered jitters among traders.

Fears over the potential impact of sky-high crude costs on oil-dependent companies helped send the FTSE 100 Index 21.6 points lower to 4892.4 by mid-morning.

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