Oil-price rise fails to cheer FTSE

The FTSE 100 Index notched its third straight session of losses today as oil heavyweights failed to benefit from the latest rise in crude prices.

Oil-price rise fails to cheer FTSE
Thu, 25 Aug, 2005 - 19:16

The FTSE 100 Index notched its third straight session of losses today as oil heavyweights failed to benefit from the latest rise in crude prices.

Investors showed little interest in BP or Shell despite a barrel of US light crude rising to a new intraday high above 68 US dollars in trading.

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