Ba Shares Plunge As Oil Prices Soar ; Market Report

Summary


The threat to investor confidence from rising oil prices was exposed as the London market racked up heavy losses for a second session in a row.

Concerns over supply shortages and a potential cut in output by oil cartel Opec were strong enough to send the cost of crude back towards the $50 mark.

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Ba Shares Plunge As Oil Prices Soar ; Market Report

This dented support for a host of stocks that rely heavily on oil and pushed the FTSE 100 Index down 27.7 points to close a...

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