Oil majors, stimulus bets support FTSE 100
London’s FTSE 100 inched up on Monday as
shares of oil majors rose, tracking gains in crude prices on
hopes that Saudi Arabia will continue to support output cuts
under its new energy minister, while weak data from China and
Japan lifted stimulus bets.
shares of oil majors rose, tracking gains in crude prices on
hopes that Saudi Arabia will continue to support output cuts
under its new energy minister, while weak data from China and
Japan lifted stimulus bets.
Posted by Reuters
