Record oil prices puts pressure on FTSE

Record oil prices cast a shadow over trading today as earlier momentum ebbed away to leave the London market in negative territory.

Record oil prices puts pressure on FTSE
Mon, 16 Jun, 2008 - 20:07

Record oil prices cast a shadow over trading today as earlier momentum ebbed away to leave the London market in negative territory.

The FTSE 100 Index had enjoyed some modest gains as banks advanced on the back of fundraising plans by Barclays and miners benefited from higher metals prices.

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