Oil price surge spurs FTSE on

Climbing oil prices helped the FTSE 100 Index hit its highest closing point since early March today.

Fri, 10 Jun, 2005 - 18:30

Climbing oil prices helped the FTSE 100 Index hit its highest closing point since early March today.

With the price of a barrel of crude moving towards 55 US dollars by the end of the session, heavyweights BP and Shell added around 1.5% to their market values.

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