Oil stocks boost FTSE

The FTSE 100 Index remained at levels not seen for more than four years today as gains by heavyweight oil stocks underpinned progress.

Oil stocks boost FTSE
Mon, 30 Jan, 2006 - 11:46

The FTSE 100 Index remained at levels not seen for more than four years today as gains by heavyweight oil stocks underpinned progress.

BP and Royal Dutch Shell – which together account for about a fifth of the top flight – both added around 2% to their market value as the cost of oil hovered above $67 a barrel.

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