Oil shares suffer to leave FTSE in red

A negative response by oil majors to falling crude prices kept a lid on gains by top flight shares today.

Oil shares suffer to leave FTSE in red
Thu, 12 May, 2005 - 18:41

A negative response by oil majors to falling crude prices kept a lid on gains by top flight shares today.

Shares in BP, Shell and BG Group fell as the price of a barrel of US light crude dipped by more than a dollar to just over $49 a barrel.

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