Oil pushes up FTSE

Heavyweight oil stocks helped the FTSE 100 Index continue its upward march today as the cost of crude hit fresh record levels.

Oil pushes up FTSE
Tue, 09 Aug, 2005 - 12:53

Heavyweight oil stocks helped the FTSE 100 Index continue its upward march today as the cost of crude hit fresh record levels.

Royal Dutch Shell and BP both saw their market value rise by around 2% after the cost of a barrel of crude oil moved above $64 in New York.

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CourtsBusinessHeathrowPlace: New YorkPlace: ChinaPlace: UKOrganisation: FTSEOrganisation: Royal Dutch ShellOrganisation: BPOrganisation: FootsieOrganisation: ShellOrganisation: BGOrganisation: Standard CharteredOrganisation: AustraliaOrganisation: XstrataOrganisation: BHP BillitonOrganisation: Rio TintoOrganisation: Brewer ScottishOrganisation: NewcastleOrganisation: BradfordOrganisation: BingleyOrganisation: St Ives
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