Steady oil prices push market gains

World markets staged a bounce back today as oil prices steadied and offset disappointing economic data in the UK and US.

Steady oil prices push market gains
Fri, 25 Feb, 2011 - 19:26

World markets staged a bounce back today as oil prices steadied and offset disappointing economic data in the UK and US.

London’s FTSE 100 Index rose 81.2 points to 6001.2 – a gain of 1.4% – as it fought back from recent hefty falls seen amid the ongoing political crisis in Libya.

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