Oil companies push Footsie higher

Oil giants BP and Royal Dutch Shell pushed the London market higher today after oil prices rose to a record high.

Oil companies push Footsie higher
Tue, 02 Aug, 2005 - 12:24

Oil giants BP and Royal Dutch Shell pushed the London market higher today after oil prices rose to a record high.

The cost of a barrel of crude hit 62.30 US dollars in New York overnight amid concerns sparked by the death of Saudi Arabia’s King Fahd and refinery fires.

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CourtsBusinessHeathrowPlace: LondonPlace: New YorkPlace: Saudi ArabiaPerson: KingPerson: Ben BaileyPerson: Taylor WoodrowOrganisation: FootsieOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: ShellOrganisation: Wall StreetOrganisation: Alliance & LeicesterOrganisation: Lloyds TSBOrganisation: BOCOrganisation: PZ Cussons
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