This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-30049682
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Energy shares weigh on FTSE 100 | Energy shares weigh on FTSE 100 |
(about 3 hours later) | |
(Noon): Energy shares continued to weigh on the market as oil prices remained near four-year lows. | |
The FTSE 100 was down 22.31 points at 6,613.14. Shares in Tullow Oil fell 1.9% and BP was down 0.6%. | |
On Thursday, the price of Brent crude fell below $80 a barrel, and an IEA report said oil prices were likely to continue falling well into 2015. | |
Shares shrugged off news of stronger-than-expected growth figures from the eurozone. | |
Latest figures from Eurostat showed the eurozone grew by 0.2% in the third quarter of the year, with Germany avoiding falling into recession. | |
Shares in Aggreko rose 2.9% after the temporary power supply firm said third-quarter underlying revenues were up 6% from a year earlier and that trading was in line with expectations. | |
On the currency markets, the pound fell 0.34% against the dollar to $1.5658 and slipped 0.1% against the euro to €1.2580. | |