Oil prices affect FTSE

Oil prices reached a new record high today as the London market ended a volatile session in positive territory.

Oil prices affect FTSE
Fri, 27 Jun, 2008 - 18:17

Oil prices reached a new record high today as the London market ended a volatile session in positive territory.

Crude’s fresh all-time peak above US$142 a barrel was good news for the oil giants but set nerves on edge elsewhere as the FTSE 100 Index swung between gains and losses.

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