FTSE close to 5100 barrier

Oil stocks were a source of strength for the London market today as it tested the 5100 barrier for the first time in more than three years.

FTSE close to 5100 barrier

Oil stocks were a source of strength for the London market today as it tested the 5100 barrier for the first time in more than three years.

The sight of the cost of crude climbing above $57 a barrel on fears of summer shortages was enough to spark a fresh round of investment in market heavyweights BP and Shell.

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