oil stock

Markets

Oil and mining stock hikes give FTSE a boost

20/05/2016

By Energy Reporter

The London stock market rose strongly, driven by mining and oil stocks which clawed back much of yesterday’s heavy losses.

Markets

Cheaper oil helps narrow trade gap

09/01/2015

By Energy reporter

Britain’s trade deficit fell to a 17-month low in November - helped by cheaper oil - while the manufacturing sector grew at its strongest pace in seven months, official figures showed today. The shortfall between exports and imports narrowed to £1.4 billion from £2.2 billion the previous month, the smallest since June 2013. Manufacturing grew by 0.7%, reversing a contraction of the same size the previous month. It equalled the pace of growth in April and has not been better since last February.