Footsie down as oil prices rise

The FTSE 100 Index fell back from a three-year high today as record oil prices sparked concerns over world economic growth.

Footsie down as oil prices rise
Mon, 20 Jun, 2005 - 12:41

The FTSE 100 Index fell back from a three-year high today as record oil prices sparked concerns over world economic growth.

The sight of a barrel of US crude rising above 59 US dollars in New York boosted the likes of BP and Shell – but weighed heavily on oil-dependent stocks like British Airways.

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