Little movement for FTSE

A stiff hike in oil prices cast a cloud over the London market today as they helped wipe out some solid gains enjoyed during earlier trading.

Little movement for FTSE
Thu, 21 Aug, 2008 - 20:18

A stiff hike in oil prices cast a cloud over the London market today as they helped wipe out some solid gains enjoyed during earlier trading.

Light, sweet crude leapt more than six dollars to top US$121 a barrel for the first time in around two weeks amid fears the ongoing tension between Russia and the West may affect global supplies.

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