The turbulence of the week is clearly reflected in today's trading on the UK benchmark index as the ...
The turbulence of the week is clearly reflected in today's trading on the UK benchmark index as the FTSE 100 lost almost 100 points and ended the week 2.5% down, while the price of crude oil dropped to a near two-year low. Oil companies such as BP and Shell dropped valuable ground thanks to a fall in the price of oil which kept it floating around a two-year low, pushing the FTSE 100 down 98.3 points or 1.9% to 5017.70 points. BP lost 24.5p or 4.3% to 544.5p while Shell - which owns 40% of the Royal Dutch/Shell Group - fell 23.5p or 4.5% to 500.5p, and between them wiped 33 points off th...
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