Improved crude and gasoline prices lifted oil companies stocks and with them the Footsie today. O...
Improved crude and gasoline prices lifted oil companies stocks and with them the Footsie today. Overall the Footsie rose 11.7 points to 5916.2. The Techmark index climbed 18.03 points to 2056.23. Shell, which owns 40% of Royal Dutch/Shell Group, rose 12p to 612. Royal Dutch, the second-largest publicly traded oil company, has offered to buy a share of US oil-refining joint ventures with Texaco Inc. which are part of an alliance that's the biggest US gasoline seller. BP, the world's third largest publicly traded oil company, gained 11p to 625.5. Other significant gains made on th...
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