Stock traded on the UK exchanges managed to end the day up, led mainly by activity behind oil stocks...
Stock traded on the UK exchanges managed to end the day up, led mainly by activity behind oil stocks, after BP forecast demand for oil will increase in the third and fourth quarters of 2002. The FTSE 100 Index added 29.4 points, or 0.6%, to 4648.8, have slumped into a decline earlier this afternoon when it lost 0.7%. BP and Shell Transport & Trading accounted for more than a third of the advance this afternoon as BP, the world's second-largest publicly traded oil company, added 8.5p, or 1.5%, to 559.5p. BP's head of analysis said global oil demand will rise about 1 million barrels...
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