In the UK the FTSE 100 Index lost early ground this morning, losing 11.10 points to 5,066.50 points, led by British Airways.
The airline incumbent has shed 4.50p to 273p on rising oil prices.
Financial services firms including Lloyds TSB and Legal & General fell. The former has declined 6.75p to 468.75p, after announcing it expects to take a higher charge for consumer bad debt provisions during the first half of this year. L&G has shed 1.50p to 110.50p.
Bank of Scotland is down 22p to 1,649p.
Oil majors Shell and BP have added 7.25p to 523.75p and 8p to 594.50p, respectively.
In Japan the Nikkei 225 Stock Average shed or 0.3% to 11,483.35 on the back of rising oil prices, breaking its seven-day winning streak.
Oil reached $59 per barrel in New York, sending Honda Motor, down 0.7% to 5,460 yen, along with Sony, down 1.5% to 3,880 yen.
Nissan Motor also shed 0.9% to 1,100 yen.
Copper prices in London also jumped, reaching a record high of $3,405 a metric ton. Nippon Mining as a result, gained 2.7% to 678 yen, along with Sumitomo Metal Mining, up 2.2% to 785 yen.
Oil exploration firm Inpex, picked up 1.4%, to 633,000 yen, with competitor, AOC Holdings up 4.7% to 1,728 yen. Nippon Oil Corp, also advanced 3.9% to 778 yen.
In the US, the Dow Jones Industrial Average closed out a good week, picking up a further 44.42 points to 10,623.07 points at its close late Friday evening, led by Caterpillar.
Caterpillar added $1.89 to $100.20, after announcing it is to re-open a production centre that builds buckets for excavator machines.
Boeing also picked up $0.93 to $64.62 and Exxon Mobil advanced $0.77 to $60.89, to record oil advances.
At the other end of the board, IBM lost $0.66 to $76.39, with Wal-Mart Stores losing $0.42 to $48.93.IFAonline
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