Footsie up on rising oil prices

Sky high oil prices fuelled a positive session on the London market today, as a series of energy stocks racked up gains.

Footsie up on rising oil prices
Tue, 09 Aug, 2005 - 18:28

Sky high oil prices fuelled a positive session on the London market today, as a series of energy stocks racked up gains.

With the cost of a barrel of light crude hovering just below 64 US dollars in New York, oil giant Royal Dutch Shell added around 2% to its market value and BP rose more than 1%.

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