Oil prices bring FTSE lower

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The FTSE 100 is down 18 points, or 0.29%, to 6,269 in early trading, as energy stocks lead the decline following a 5% drop in crude oil prices.

International Power is currently the biggest drag on the index with a fall of 3.54% to 361.5p, closely followed by Scottish & Southern Energy which is down 3.24% to £14.95, while Cairn Energy has slipped 2.68% to £16.69. BG Group is down 2.15% to 659.5p, closely followed by Tate & Lyle which has fallen 1.56% to 759.5p, although losses are being limited by Reckitt Benckiser which has climbed 0.99% to £24.38. However ICI is posting the biggest gains so far with a rise of 2.39% to 472p, closely followed by BT Group which is up 1.57% to 324.25p, while Vodafone has added 1.18% to 150p, and...

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