Oil distribution changes fails to stop FTSE's weekly rise

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Russia announced it would remove its export curbs on crude oil and the price of oil subsequently pus...

Russia announced it would remove its export curbs on crude oil and the price of oil subsequently pushed the FTSE 100 down but left the week slightly higher. BP and Shell Transport led the fall as both firms lost 4p and 5p respectively to leave the FTSE 100 down 30.5 points, or 0.6 percent, to 5218, yet this is still a 0.9% gain this week. BP, Vodafone and GlaxoSmithKline had accounted for more than half the index's retreat. Today, however, Ebookers surged 16% to 257.5p on investor optimism holiday makers will book more tickets online, lifting sales at Europe's No. 1 Internet trave...

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