Oil prices abate, pushing FTSE up

Relief at lower oil prices helped the FTSE 100 Index rack up its fifth consecutive session of gains today.

Oil prices abate, pushing FTSE up

Relief at lower oil prices helped the FTSE 100 Index rack up its fifth consecutive session of gains today.

Progress by oil-dependent stocks such as British Airways and cruise operator Carnival contributed to the Footsie finishing within striking distance of the key 5000 mark – 18 points higher at 4989.8.

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