Oil helps FTSE stave off losses
The FTSE 100 index gained 6.10 to close at 4,412.80 after OPEC calls to cut oil output by the cartel's members sent spot oil prices soaring and BP and Shell's shares up in London.
BP added 12p to 457p on the news, driven also by positive City reactions to its meeting with equities analysts yesterday, which resulted in a raft of upgraded recommendations on the stock today. Shell...
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