Oil stocks mar gains elsewhere

The FTSE 100 failed to keep hold of early gains and by the close of trade had fallen 36.4 points to 5240.7. Oil stocks led the decline. The falling price of crude has not been soothed by OPEC's meeting in Vienna today, which has been inconclusive so far as to the extent of production cuts. Onlookers fear that OPEC could lose control over the price of crude. There were strong gains for British Airways and Hilton who led the FTSE 100 gainers with rises of 10%. Sage also performed well with a rise of 21p to 262p. A raft of decent gains were negated by falls for index heavywei...