FTSE in red on falling oil

The London market sank into the red today as falling oil prices overshadowed advances from caterer Compass and platinum specialist Johnson Matthey.

Wed, 26 Nov, 2008 - 11:31

The London market sank into the red today as falling oil prices overshadowed advances from caterer Compass and platinum specialist Johnson Matthey.

The FTSE 100 Index was 84 points lower at 4087.2 by mid-morning as oil eased back towards the 50 US dollars a barrel mark, impacting the likes of Royal Dutch Shell and BP.

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CourtsBusinessHeathrowPlace: LondonPlace: UKPerson: Johnson MattheyOrganisation: FTSEOrganisation: Royal Dutch ShellOrganisation: BPOrganisation: ShellOrganisation: Rio TintoOrganisation: BHP BillitonOrganisation: Halifax Bank of ScotlandOrganisation: CompassOrganisation: AntofagastaOrganisation: Credit Suisse
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